Indonesian ride app Go-Jek entering PH | Inquirer Business

Indonesian ride app Go-Jek entering PH

06:30 AM May 25, 2018

JAKARTA, Indonesia — Indonesian ride-hailing app Go-Jek will expand into the Philippines, Thailand, Vietnam, and Singapore in the next few months, stepping up competition with rival Grab for Southeast Asian customers.

Go-Jek, which currently only operates in Indonesia, said Thursday it would spend $500 million on the regional expansion.


It’s potentially good news for consumers in Southeast Asia after competition between ride-hailing apps lessened with Uber’s agreement in March to sell its failing business in the region to Singapore-based Grab.

Go-Jek, which got a cash injection from investors including Google and Tencent earlier this year, said its overseas businesses will initially focus on ride hailing but eventually expand to other services such as food delivery.


Go-Jek said it was still working with regulators to smooth the way for its new operations.

It said each of the overseas businesses will develop their own brand “to ensure good traction in each new market.”

Grab already operates in eight countries in Southeast Asia, a region of more than 600 million people.

“Consumers are happiest when they have choice and at the moment, people in Vietnam, Thailand, Singapore and the Philippines don’t feel they’re getting enough when it comes to ride-hailing,” said Go-Jek’s founder Nadiem Makarim. — AP

Subscribe to our business newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Go-Jek, Indonesia, public transportation, ride-hailing app
For feedback, complaints, or inquiries, contact us.

Subscribe to our business news

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.

© Copyright 1997-2021 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.