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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
February 20, 2019
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.
January 28, 2019
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.
December 05, 2018
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.
November 28, 2018
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
November 07, 2018
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.
October 31, 2018
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.
October 29, 2018
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.
October 11, 2018
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
September 30, 2018
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.
September 17, 2018