Go-Jek

Commentary

Grab, GoJek, Didi and why it's hard to find winners in the few really successful EMs

SINGAPORE (Feb 18): They say there is no such thing as bad publicity. For GoJek, at least, the recent altercation between one of its drivers and a female passenger, who turned the phrase “Is it because I’m Chinese?” into a popular meme, has arguably

Singapore economy

Singapore proposes stricter rules for ride-hailing operators

(Jan 25): Singapore is proposing to step up regulation of ride-hailing companies such as Grab and Go-Jek, bringing rules for the services in line with taxi operators in a bid to better protect the safety of commuters and drivers.

Broker's Calls

How will Singapore's land transport players respond to Go-Jek's arrival?

SINGAPORE (Dec 5): RHB Research is maintaining “neutral” on ComfortDelGro (CDG) with an unchanged target price of $2.35, which indicates 11% upside plus 5% FY19F yield.

Disruption and Digitalisation

Go-Jek said to roll out in Singapore this week to challenge Grab

(Nov 28): Indonesia’s Go-Jek plans to roll out a preliminary version of its ride-hailing app in Singapore on Thursday, bringing fresh competition to the hometown of arch-rival Grab, according to people familiar with the plan.

Disruption and Digitalisation

Super Apps, Asia's new innovation, to change cities, economies

SINGAPORE (Nov 7): The ability to communicate, shop online, order rides, read books, play games, get food delivery and pay for anything within a single, unified smartphone app is Asia’s defining innovation, technology leaders said at Bloomberg’s New E

Broker's Calls

Ride-hailing rivalry, goodies unlikely to return to 'good old days'

SINGAPORE (Oct 31): DBS Group Research says the competition and level of subsidies seen during the Grab vs Uber era are unlikely to return.

Startups, Entrepreneurs, Digital economy

Go-Jek launches drivers pre-register portal

SINGAPORE (Oct 29): Go-Jek on Monday launched a portal through which drivers can pre-register to use its platform. By signing up, drivers will have the opportunity to be among Go-Jek’s first driver-partners in Singapore.

Broker's Calls

Is Go-Jek’s entry a worry for ComfortDelGro?

(Oct 11): CIMB-CGS Securities says potential private hire car entrant Go-Jek should not be a worry for ComfortDelGro, at least in the immediate term.

In print this week

Singapore's competition watchdog fines Grab and Uber but can fair play resume?

SINGAPORE (Oct 1): Choo was earning up to $5,000 a month when he first started driving for ride-hailing start-up Grab some three years ago. But after a merger between Grab and Uber Technologies in March this year, the 66-year-old, who asked to be identifi

Startups, Entrepreneurs, Digital economy

Go-Jek is said in talks to raise at least US$2 billion in funding

(Sept 16): Go-Jek, Indonesia’s most valuable technology startup, is in talks to raise at least US$2 billion ($2.7 billion) to fuel an accelerated expansion overseas, according to a person with direct knowledge of the matter.
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