Go-Jek heads to Vietnam with Go-Viet
By Yunnie Marzuki September 14, 2018
- Operates in Hanoi and Ho Chi Minh City
- Has partnered with 25,000 drivers and reached 1.5 million downloads
GO-VIET, an on demand ride-hailing services launched by Indonesia-based Go-Jek now operates in Hanoi, the second largest city in Vietnam.
People in Hanoi are now able to utilise Go-Bike, a two-wheel transportation service and Go-Send, a courier delivery service. Go-Viet also started operating in Ho Chi Minh City in a limited fashion six weeks ago.
“We are very proud that the Vietnamese community responded positively to our presence. This is shown by considerable enthusiasm in using Go-Viet services since they were present in Ho Chi Minh City a few weeks ago,” says Go-Viet chief executive officer and co-founder Duc Nguyen.
To date, Go-Viet has partnered with nearly 25,000 partner drivers on the platform and the application has been downloaded more than 1.5 million times.
Go-Viet plans to offer other services such as Go-Car, a four-wheel transportation service, Go-Food, food delivery service, and its own payment gateway, Go-Pay.
Go-Jek chief executive officer and founder Nadiem Makarim says, “We are proud to be able to share Indonesian technology that is unique and can be used by people in other countries to improve efficiency in urban mobility and that is equally important in improving welfare.
“We are confident in our future in Vietnam because the Go-Viet management team has the same goals, passion, and enthusiasm for technology, and is equally committed to utilising technology to have a positive impact on society.”
Go-Viet is the first international venture by Go-Jek. This expansion was planned after Go-Jek raised its last investment round from Astra International, Warburg Pincus, KKR, Meituan, Tencent, Google, Temasek, and others.
Of the funds raised, US$500 million was allocated for international expansion in line with the company's strategy to expand its wings in Southeast Asia (SEA). Go-Jek plans to launch operations in Thailand, Singapore, and the Philippines.
Inspiration for local startups
Indonesian Minister of Communications and Information Rudiantara sees Go-Viet as proof that in the digital space, Indonesia has the same opportunity as developed countries, as the horizon of the market becomes wider.
“Go-Jek is able to seek these opportunities as well as being able to execute them. Hopefully Go-Jek is able to trigger and inspire local techpreneurs, who will also be able to be smart and work hard.”
He adds that government will continue to support the local startup ecosystem and encourages them to step into global markets through its National 1000 Startups and Next Indonesian Unicorn (Nexticorn), a programme that seeks to create a more structured and organised marketplace for startups to meet investors in obtaining funds.