Go-Jek takes Motorcycle hailing service to Vietnam

Go-Jek takes Motorcycle hailing service to Vietnam

Indonesian ride-hailing company Go-Jek has launched its services in Vietnam’s capital of Hanoi under the brand Go-Viet, Reuters report.

The app-based on-demand service Go-Viet, offers services ranging from transport and logistics to food-delivery and mobile payments.

Go-Viet grabbed a 35 percent share of the market for motorbike ride-hailing services in the economic hub of Ho Chi Minh City just six weeks after launching there on August 1, Go-Jek founder and chief executive Nadiem Makarim said.

“We are proud to have seen positive development in Ho Chi Minh City market, and this paves the way for us to expand our services to Hanoi,” Go-Viet co-founder and managing director Nguyen Vu Duc said at Wednesday’s launch.

The launch followed an announcement by the company in May that it would invest USD500 million to enter the Philippines, Singapore, Thailand and Vietnam, following Uber’s deal to sell its Southeast Asian operations to bigger regional player Grab.

The launch has Indonesian President Joko Widodo, who is in Hanoi for an official state visit and a meeting of the World Economic Forum.