Indonesia ride app Go-Jek to add 4 Southeast Asian nations
JAKARTA, Indonesia (AP) — Indonesian ride-hailing app Go-Jek will expand into Thailand, Vietnam, Singapore and the Philippines in the next few months, it said Thursday, stepping up competition with rival Grab for Southeast Asian customers.
Go-Jek, which currently only operates in Indonesia, said it will spend $500 million on the regional expansion. It's potentially good news for consumers in Southeast Asia after competition between ride-hailing apps lessened with Uber's agreement in March to sell its failing business in the region to Singapore-based Grab.