Go-Jek aims to have hundreds of staff in Singapore
23 Jul 2018|4,209 views
The firm is keeping a close watch on how Singapore's competition watchdog acts on the Grab-Uber merger, which was provisionally found to be anti-competitive earlier this month.


Mr. Soelistyo would not elaborate more on the firm's strategy except to say, "At the moment, commencing operations in the country carries a significant amount of risk due to market conditions and high costs. We need to understand the level of that risk before we can fully finalise our plans."
The commission had proposed several measures to counter the lessening of competition resulting from Grab's acquisition of Uber's South East Asian business in March. Among them are Grab removing obligations that drivers operate exclusively for it, and that the Singapore-based start-up maintains its pre-merger pricing algorithm and driver commission rates.
A final decision on the merger will be made after taking into account evidence and feedback, as well as any representation from parties involved, the commission had said earlier.


While there are at least four other players - Ryde, Filo, Kardi and Jugnoo - currently operating in the ride-hailing sector in Singapore, Go-Jek is seen by observers as the one, which will give dominant player Grab a run for its money.
Recruitment is under way and since Go-Jek announced in May that it will be entering Singapore, Vietnam, Thailand and the Philippines, the firm has been liaising with regulators and other stakeholders in the respective markets, he said. "This is so Go-Jek starts off on the right foot with the authorities in Singapore," he added.
"While Go-Jek offers a suite of on-demand services in Indonesia, such as food delivery and massages, it will move into the ride-hailing and logistics areas first in Singapore as these are most in need of solid competition", Mr. Soelistyo said.
The firm is keeping a close watch on how Singapore's competition watchdog acts on the Grab-Uber merger, which was provisionally found to be anti-competitive earlier this month.


Mr. Soelistyo would not elaborate more on the firm's strategy except to say, "At the moment, commencing operations in the country carries a significant amount of risk due to market conditions and high costs. We need to understand the level of that risk before we can fully finalise our plans."
The commission had proposed several measures to counter the lessening of competition resulting from Grab's acquisition of Uber's South East Asian business in March. Among them are Grab removing obligations that drivers operate exclusively for it, and that the Singapore-based start-up maintains its pre-merger pricing algorithm and driver commission rates.
A final decision on the merger will be made after taking into account evidence and feedback, as well as any representation from parties involved, the commission had said earlier.


While there are at least four other players - Ryde, Filo, Kardi and Jugnoo - currently operating in the ride-hailing sector in Singapore, Go-Jek is seen by observers as the one, which will give dominant player Grab a run for its money.
Recruitment is under way and since Go-Jek announced in May that it will be entering Singapore, Vietnam, Thailand and the Philippines, the firm has been liaising with regulators and other stakeholders in the respective markets, he said. "This is so Go-Jek starts off on the right foot with the authorities in Singapore," he added.
"While Go-Jek offers a suite of on-demand services in Indonesia, such as food delivery and massages, it will move into the ride-hailing and logistics areas first in Singapore as these are most in need of solid competition", Mr. Soelistyo said.
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