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Showing results for tags 'go-jek'.
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Uber's IPO flop bodes ill for Grab and Go-Jek Southeast Asian 'decacorns' must show path to profitability, say experts KENTARO IWAMOTO, Nikkei staff writer MAY 15, 2019 15:56 JST https://asia.nikkei.com/Business/Startups/Uber-s-IPO-flop-bodes-ill-for-Grab-and-Go-Jek
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Will it push COE prices back up? Will it draw its fleet from LCR? https://techcrunch.com/2018/10/03/go-jek-singapore/
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http://www.straitstimes.com/singapore/transport/south-east-asian-rivals-go-jek-and-grab-to-face-off-in-singapore-as-uber-exits?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook&xtor=CS1-10 The battle for a slice of South-east Asia's ride-hailing market is set to heat up, as two billion-dollar homegrown players brace themselves for expansion following the exit of Uber. A week after Singapore-based Grab announced it was acquiring Uber's business in South-east Asia, Indonesian technology company Go-Jek has been reaching out to former Uber drivers in greater Jakarta, while making plans to expand its services to Singapore, the Philippines, Thailand and Vietnam. Here we go again. One down, another one up. Same as our Telco. In the end, everything is monopolised by the Government. Singapore's market is too controlled and too small for long term sustainability and growth. What's next?
