The nationwide expansion comes after five weeks of a limited service area rollout Credit: GO-JEK From Wednesday, January 2, Go-Jek will extend its ride-hailing services nationwide in Singapore. A spokesperson for the Indonesian startup explained that the move comes after the success of its limited service area rollout during the last five weeks. On November 29, Go-Jek launched the beta version of its app in the city-state, but the service was limited to Singapore’s Central Business District, Jurong East, Changi, Punggol, Ang Mo Kio and Sentosa. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe Access to the app was granted to users in batches to balance ride demand and service capabilities, and priority was given to customers of DBS and POSB banks. The expansion of Go-Jek’s activities to the whole of Singapore is still part of the app’s beta phase, where the startup will continue to gather feedback from drivers and riders towards an improved version of the platform. On an email sent to users on December 30, Go-Jek announced the introduction of ‘dynamic pricing’ – meaning that hail-ride prices increase or decrease based on demand. However, the email stated that “rides [will] remain competitively priced.” Southeast Asia expansion Go-Jek’s move into Singapore comes months after the Indonesian startup announced that it will be investing US$500 million in its international expansion strategy. After merging with Uber’s Southeast Asian operations in March 2018, Grab was effectively the only rideshare service in the country. In May, Go-Jek said that it will enter the Vietnam, Thailand, Singapore and the Philippines markets within the following months, starting with ride-hailing but ultimately aiming to replicate the multiple-service business model that is leading in Indonesia. The international expansion follows months of planning and market research after Go-Jek’s latest fundraising round, which brought investment from Astra International, Google, JD.com, Meituan, Tencent and Temasek, among others, as the company aims to expand its presence in Southeast Asia. “Consumers are happiest when they have choice and at the moment, people in Vietnam, Thailand, Singapore and the Philippines don’t feel that they’re getting enough when it comes to ride-hailing,” said Nadiem Makarim, CEO and founder of Go-Jek. “We hope that as we arrive in new markets, we will quickly become everyone’s go-to lifestyle app. That is our aspiration. In the meantime, we hope our presence will provide the welcome competition markets need to thrive,” he added. Related content opinion The changing face of cybersecurity threats in 2023 Cybersecurity has always been a cat-and-mouse game, but the mice keep getting bigger and are becoming increasingly harder to hunt. By Dipti Parmar Sep 29, 2023 8 mins Cybercrime Security brandpost Should finance organizations bank on Generative AI? Finance and banking organizations are looking at generative AI to support employees and customers across a range of text and numerically-based use cases. By Jay Limbasiya, Global AI, Analytics, & Data Management Business Development, Unstructured Data Solutions, Dell Technologies Sep 29, 2023 5 mins Artificial Intelligence brandpost Embrace the Generative AI revolution: a guide to integrating Generative AI into your operations The CTO of SAP shares his experiences and learnings to provide actionable insights on navigating the GenAI revolution. By Juergen Mueller Sep 29, 2023 4 mins Artificial Intelligence feature 10 most in-demand generative AI skills Gen AI is booming, and companies are scrambling to fill skills gaps by hiring freelancers to make the most of the technology. These are the 10 most sought-after generative AI skills on the market right now. By Sarah K. White Sep 29, 2023 8 mins Hiring Generative AI IT Skills Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe