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Go-Jek will expland to Philippines, Thailand, Singapore and Vietnam

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25.05.2018

EVER since Uber sold its majority stakes of its Southeast Asian operations to Grab, the Singapore-based company has been dominating the ride-hailing industry in the region. But new plans by Indonesia’s popular Go-Jek threaten that monopoly.

The company on Thursday announced it would invest US$500 million in its international push, according to Reuters, with its first venture to involve ride-hailing services in key Southeast Asian countries before expanding to other sectors.

“People in Vietnam, Thailand, Singapore and the Philippines don’t feel that they’re getting enough (choice) when it comes to ride-hailing,” CEO Nadiem Makarim was........

© Asian Correspondent