Uber's Exit Prompts Go-Jek to Finally Expand Beyond Indonesia
- Startup will enter Vietnam, Thailand, Singapore, Philippines
- It plans to invest $500 million on an overseas expansion
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Go-Jek, Indonesia’s first billion-dollar startup, will invest $500 million to expand ride-hailing and other services to four Southeast Asian countries, taking advantage of Uber’s pullout from the region to make its first international foray.
The Jakarta-based company will enter Vietnam, Thailand, Singapore and the Philippines in coming months, starting with ride-hailing but with the aim of replicating the multiple services it offers back home, it said in an emailed statement.