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Zen Soo

Indonesian ride-hailing firm Go-Jek could launch its services in Singapore as soon as this month, as the company picks up speed in its regional expansion initiative to challenge Singapore-based rival Grab.
An expansion to Singapore would make the city state Go-Jek’s second international market, after it introduced services in Vietnam with local partner Go-Viet in September. The news was first reported by technology news site TechCrunch, without citing a source.
Go-Jek has also reportedly been in talks with Comfort-Delgro, Singapore’s largest taxi operator that previously struck an exclusivity deal with Uber Technologies.
Singapore, a small but significant market in Southeast Asia for ride-hailing companies, is particularly valuable thanks to its higher fares for taxis and private-car rides compared to other markets.
Go-jek in talks to raise at least US$2 billion in funding
Go-Jek did not immediately respond to an emailed request for comment.
Before its regional launches, Go-Jek competed solely in its domestic market of Indonesia, where it operates a super-app platform that lets users hail rides and even order food, over-the-counter medication and massage services on-demand.


The company earlier this year announced that it would be expanding regionally to four markets – Thailand, Vietnam, Singapore and the Philippines – as it looks to challenge rival Grab’s dominance in the region. Southeast Asia’s ride-hailing market is estimated to be worth US$20.1 billion by 2025, according to a report by Temasek Holdings and Google.
Apart from its launch in Vietnam and potentially Singapore, Go-Jek has also said it will launch its Thailand service under the name Get, by working with a local partner. The Go-Viet and Get apps will not be interoperable with Go-jek’s main app, which means that users will have to download a different app in each market. In contrast, users can use the same Grab app to hail a ride in any of the markets it operates in.
Singapore watchdog fines Grab, Uber US$9.5 million over merger
Go-Jek’s regional expansion is seen by some as a welcome alternative to challenge Grab’s dominance in Southeast Asia. Following Grab’s acquisition of Uber’s Southeast Asia operations, some consumers have complained about a lack of rivals and increased fares on Grab’s rides.
Last month, Singapore’s competition watchdog, the Competition and Consumer Commission of Singapore, deemed the Grab-Uber deal anticompetitive and slapped both companies with a combined S$13 million (US$9.5 million) fine, instructing Grab to do away with any exclusivity arrangements it has with partners, as well as to maintain pre-merger pricing algorithms and commission rates for drivers.


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Indonesia’s Go-Jek could launch ride-hailing service in Singapore this month as it looks to challenge Grab

An expansion to Singapore would make the city state Go-Jek’s second international market

A motorcycle driver with Indonesian ride-hailing start-up Go-Jek waits for customers along a street in Jakarta. Photo: Agence France-Presse

In Singapore, a preview of how Grab and Go-Jek will likely face off across Southeast Asia

A similar battle is being waged in China by strategic investors in the two Southeast Asian companies - Meituan and Didi

Grab CEO and co-founder Anthony Tan at Innovfest Unbound conference, Singapore, June 2018

Go-Jek chief marketing officer Piotr Jakubowski on stage at the Innovfest Unbound conference in Singapore, June 6, 2018. Photo: SCMP

Indonesia’s Go-Jek plans experimentation as it expands fight with Grab in Southeast Asia

Go-Jek, Indonesia’s first billion-dollar tech start-up, will kick off its international foray with new operations in Vietnam and Thailand

TO GO WITH Indonesia-transport-traffic-Internet,FOCUS by Nick Perry This picture taken on June 11, 2015 shows motorcycle drivers with Indonesian start-up Go-Jek waiting for customers in Jakarta. A popular motorbike-hailing app by Go-Jek is putting a new, two-wheeled spin on smartphone taxi services in the Indonesian capital, with thousands of motorcyclists in distinctive green jackets and helmets offering commuters an escape from Jakarta's notorious traffic gridlock. AFP PHOTO / ADEK BERRY / AFP PHOTO / ADEK BERRY

Go-Jek, which started as a motorcycle ride-hailing service in 2010, now offers everything from meal deliveries to massage and home cleaning, all on demand and available through a super app. Photo: AP

Indonesia’s most-valuable tech start-up Go-Jek in talks to raise at least US$2 billion in funding

Go-jek is building up its arsenal to expand in Southeast Asia and fight Singapore-based rival Grab, which bought Uber’s business in the region

Go-jek drivers wait for customers in Jakarta, Indonesia, 2018. Photo: AP

Uber's exit prompts Go-Jek to speed beyond Indonesia

Indonesia’s first billion dollar start-up will enter Vietnam, Thailand, Singapore and the Philippines in coming months

A woman rides on the back of a motorbike, part of the Go-Jek ride-hailing service, on a busy street in central Jakarta, Indonesia. Photo: Reuters

Singapore’s competition watchdog slaps Grab, Uber with US$9.5 million in fines over merger

Grab's driver centre in Sin Ming, Singapore allows prospective drivers to sign up, rent a car and seek support. Current Grab drivers can also go to the driver centre, where any concerns they have will be addressed. Photo: SCMP

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An expansion to Singapore would make the city state Go-Jek’s second international market


Singapore

Indonesia’s Go-Jek could launch ride-hailing service in Singapore this month as it looks to challenge Grab

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}An expansion to Singapore would make the city state Go-Jek’s second international market

An expansion to Singapore would make the city state Go-Jek’s second international market