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Go-Jek launches service in new countries after Uber acquisition by Grab

Indonesian ride-hailing and online payment unicorn will announce expansion to other countries in Southeast Asia in the coming weeks as part of consolidation after Grab acquires Uber as a major competitor. Go-Jek CEO Nadiem Makarim also plans to expand to three other Southeast Asian countries by the middle of this year.

The acquisition of Uber by Grab is the first major consolidation of the industry in Southeast Asia with a population of around 640 million people. A new push for Go-Jek is supported by Alphabet Inc's Google, Tencent Holdings, Temasek, Meituan-Dianping and a row of other big companies.

Tinuku Go-Jek launches service in new countries after Uber acquisition by Grab

But Makarim says the acquisition of Uber by Grab means combining the two businesses will provide great opportunities because fewer players mean smoother roads and deepen market leadership. Go-Jek will increasingly have a higher position.

"Preparations are underway and in the next few weeks the launch of operations in our new country will be announced, which will be followed by three other countries in Southeast Asia by the middle of this year," Makarim said.

Go-Jek as a great player for motorcycle taxi has grown rapidly since startup was launched in 2010 in Indonesia which has a population of over 250 million people. Customers get drivers to deliver everything from food to hairdressers through smart phone apps.

Startup ride-hailing has become an important solution in cities with some of the world's worst traffic and expensive transport systems controlled by cartels. Makarim did not name the countries targeted for expansion, but CTO Go-Jek once said to organize operations in the Philippines this year.

"We are confident that it has more support to take one of the most amazing growth stories in the world from becoming an Indonesian phenomenon to a global one," Makarim said.


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