Indonesia’s Go-Jek May Expand to the Philippines

LTFRB board member Aileen Lizada revealed that Indonesia’s ride-hailing and online payment company has requested a meeting with the transport regulator next week.

It was reported last March that Go-Jek, which counts Google’s Alphabet, Temasek Holdings Ltd., and Tencent Holdings Ltd. would soon be revealing its expansion plans in Southeast Asia.

Go-Jek, along with three other local TNC’s, are expected to fill the space vacated by Uber whose main competitor Grab, is now feeling pressure from the LTFRB due to its change in pricing and the riding public who are complaining about longer waiting times and picky drivers.

Source: Reuters

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