Go-Jek and Grab to face off in Singapore as Uber exits

[StreetFight3r]

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?

 

Edited April 2, 2018 by StreetFight3r

[Beehive3783]

Thanks Temasek for controlling the market share of almost everything in SG. Good job milking 100% of the citizens here.

[Watwheels]

You think the new player is not controlled by the Indo govt? Knowing TH there's no need to rush into competing with them. Just let them run themselves to the ground dan come in to offer to buy it off their hands.

[inlinesix]

You think the new player is not controlled by the Indo govt? Knowing TH there's no need to rush into competing with them. Just let them run themselves to the ground dan come in to offer to buy it off their hands.

 

You means Indonesia General huh?