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Tag: Go Jek

Retail Asia13/01/2020
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Food

First Grab Kitchen in Singapore opens

2min0
Grab has launched its first Grab Kitchen in Singapore, which takes its cloud kitchen network in Southeast Asia to 50. Located at 63 Hillview Avenue, the shared kitchen is operated for 10 restaurants including PlayMade, Wolf Burgers and Thai Dynasty. Occupying a 6000sqft area, Grab Kitchen also has a dine-in area for small lunch groups. […]
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Retail Asia02/08/2019
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Startups

Visa takes stake in startup Go-Jek

3min0
Digital-payments company Visa has invested an undisclosed amount into Southeast Asian ride-sharing and services startup Go-Jek giving it a foothold in the company’s payments platform. The two companies say they will work together to provide greater options for cashless payments and more seamless experiences for consumers across Indonesia and Southeast Asia. Indonesian-based Go-Jek, which has […]
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Retail Asia31/07/2019
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Startups

Thai bank invests in Go-Jek to take on Grab

1min0
Siam Commercial Bank has made a “significant investment” in Indonesian ride-hailing app Go-Jek. Go-Jek, which has an estimated valuation of around US$10 billion, will be offering financial services in partnership with the bank as well as expand its food delivery services in Thailand following the funding. It is expected to add SCB’s products in payments, […]
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Retail Asia10/05/2019
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Telecom

Singtel signs cross-promotion deal with GOJEK

2min0
Singtel has inked a new partnership with ride hailing company GOJEK aimed at cross-marketing their offerings and providing perks to users and drivers. Under the agreement, Singtel will offer GOJEK drivers who subscribe to its Combo mobile plans data-free usage while using GOJEK, as well as a 20% discount on their subscription costs and a complementary […]
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Retail Asia09/04/2019
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Startups

Two execs quit ride-hailing firm Go-Viet

4min0
Go-Viet has confirmed that its general director and deputy general director have quit their positions. General director Nguyen Vu Duc and deputy general director Nguyen Bao Linh have resigned from their positions, the Vietnamese ride-sharing firm announced Friday. The two would continue to work as advisors for Go-Viet and its Indonesian counterpart Go-Jek from Vietnam, […]
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Retail Asia31/01/2019
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Food

Singapore Plum stops delivering food

1min0
Hong Kong food-delivery startup Plum has closed its Singapore operations. An email delivered to Plum’s customers read: “It is with great sorrow to announce that we are ceasing our operations in Singapore from 21st January. Plum would like to thank you for your past support and going on this wonderful journey with us. We would […]
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Retail Asia03/01/2019
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Living

Vietnamese platform FastGo expands to Myanmar

3min0
FastGo, Vietnam’s first ride-hailing service, has kicked off operations in Myanmar as part of its Southeast Asia expansion plans. Its joint venture with Myanmarese conglomerate Asia Sun Group began offering services on December 28. CEO Nguyen Huu Tuat said at the launch that Myanmar is a promising market with the e-commerce, travel and retail sectors […]
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Retail Asia17/12/2018
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Startups

Go-Viet, Grab Vietnam to face tight competition

3min0
Vietnamese technology startup Be Group Corporation officially launched its ride-hailing platform Thursday, with beBike and beCar. The latest entrant to a market dominated by the likes of Grab and Go Viet has set an ambitious target of partnering with 10,000 drivers in a few weeks, by the end of 2018, and 100,000 drivers next year. […]
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Retail Asia24/10/2018
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E-Tailing

Aber ride-hailing service hits the road in Hanoi

3min0
Aber, the second Vietnamese ride-hailing service, launched its Hanoi operations Friday, four months after making its HCMC debut. The ride-hailing market has seen new entrants after Uber’s departure, including Vietnamese firm FastGo, GoViet – a subsidiary of Indonesia’s Go-Jek, and the latest Aber. Aber estimates it will attract 5,000 taxi drivers and 5,000-10,000 motorbike drivers […]
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Retail Asia24/10/2018
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Living

Taxi or not? Vietnam debate rages over Grab status

7min0
Transport authorities and taxi associations have reiterated that ride-hailing firm Grab should be treated as a taxi service, but experts disagree. Nguyen Cong Hung, vice chairman of the Vietnam Automobile Transportation Association (VATA), said at a recent meeting that it was incorrect to identify Grab as an electronic contract service firm. Hung said that legal […]
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Retail Asia17/10/2018
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E-Tailing

Go-Jek launches fuel delivery service

2min0
Go-Jek, in partnership with Indonesia’s oil major Pertamina, has launched an on-demand fuel-delivery service. Called Go-Pertamina, it brings fuel to users from the nearest Pertamina gas station. The service is available in South and Central Jakarta from 8 a.m. to 8 p.m. daily. It does not serve orders on toll roads, basements, or other enclosed areas. Given that Go-Jek […]
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Retail Asia09/10/2018
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E-Tailing

Indonesia’s Go-Jek invests in online media startup

2min0
Indonesian ride-hailing and online payment company Go-Jek has invested in digital media startup Kumparan as part of its expansion into online content, it said. Go-Jek, whose backers include Alphabet’s Google and China’s Tencent Holdings, has grown rapidly since launching eight years ago in Indonesia, a country with a population of more than 250 million people. The company already offers a wide […]
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Retail Asia19/09/2018
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E-Tailing

Go-Jek Aims to Raise $2b for Southeast Asia Expansion

4min0
Indonesian ride-hailing firm Go-Jek is seeking to raise about $2 billion from existing investors, including Tencent Holdings and JD.com, to fund its expansion plans in Southeast Asia, sources familiar with the matter said on Monday (17/09). Go-Jek’s fundraising comes as its main rival Singapore-based Grab is also building a war chest to transform itself into […]
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Retail Asia21/08/2018
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Living

Go-Jek Close to Profit in All Segments, Except Transportation

5min0
Go-Jek, Indonesia’s first billion-dollar startup, is “extremely close” to achieving profitability in all its segments, except transportation, its founder and chief executive, Nadiem Makarim said. Launched in Jakarta in 2011, Go-Jek – a play on the local word for motorbike taxis – has evolved from a ride-hailing service to a one-stop app allowing clients in […]
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Retail Asia09/07/2018
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Living

Indonesian Conglomerates-Backed Tech Fund to Be Launched in 6 Months

2min0
An Indonesian tech venture capital fund backed by the country’s largest conglomerates will be launched within the next six months, Communications Minister Rudiantara said. “We, Indonesian investors, must immediately enter the tech market,” the minister said on Thursday (05/07). He said the fund, which would be pooled from Indonesian conglomerates, was supported by his ministry, […]
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