Articles tagged “gojek”

Online Travel

Fintech, Superapps and Subscriptions Will Spur Flurry of Online Travel Copycats

In its rough outlines, Expedia begot Trip.com Group while Kayak and ITA Software begot Google Travel. Get ready for a flurry of clones in fintech, superapps, and subscription services in travel. In fact, it's already happening.

Fintech, Superapps and Subscriptions Will Spur Flurry of Online Travel Copycats

Online Travel

Booking Holdings’ New Fintech Unit Aims to Help Travelers Beat Banks at Their Own Game

Bookings Holdings Fintech boss Daniel Marovitz says payments is arguably the world's largest industry. Across the online travel universe, look for payments to eventually become a line item — and very material to companies' financials.

Booking Holdings’ New Fintech Unit Aims to Help Travelers Beat Banks at Their Own Game

Mergers and Acquisitions

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

In an intensifying superapp rivalry in Southeast Asia, Gojek handed its Thailand business to AirAsia Digital in the face of competition from Grab. While these leading superapps battle, AirAsia Digital is being taken more seriously. After all, it has airplanes and a profitable logistics business to add to the mix.

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

Online Travel

Grab Nabs $856 Million From Japanese Investors Amid Merger Speculation With Rival Gojek

Whether rumors of a merger with rival Gojek will become a fact remain to be seen, but the latest fund injection Grab received for its payment services war chest is a clear boost for its valuation.

Grab Nabs $856 Million From Japanese Investors Amid Merger Speculation With Rival Gojek

Online Travel

Airbnb Vs. Local Regulators Is a Lopsided Battle

The cities and municipalities that are trying to contain the likes of growth-hungry startups like Airbnb have a major disadvantage: Their adversaries have fought this fight multiple times before.

Airbnb Vs. Local Regulators Is a Lopsided Battle

Tourism

Ridehailing Gojek CEO Resigns to Join Indonesian Cabinet

In Southeast Asia, Indonesia President Joko Widodo is seen as a “tech star.” The country has birthed several decacorns, including Gojek and Traveloka. The appointment of Gojek’s CEO Nadiem Makarim to the Indonesian cabinet further shows Jokowi's zeal for tech transformation that has created more jobs rather than killed them.

Ridehailing Gojek CEO Resigns to Join Indonesian Cabinet

Rail

Indonesia’s Gojek Says It Will Raise $2 Billion By Year’s End

Gojek's optimism it will raise $2 billion by the year's end is not misplaced. Though the funding is less than half of Grab's $4.5 billion, Gojek has its strengths. It is more creative, expanding into medicine and massage delivery even, and is more marketing-savvy than Grab.

Indonesia’s Gojek Says It Will Raise $2 Billion By Year’s End

Rail

Grab Will Pump in Another $150 Million Into Artificial Intelligence

A further investment into artificial intelligence and localized languages — underserved in Southeast Asia — will give Grab a huge edge over its archrival. So watch out, Gojek.

Grab Will Pump in Another $150 Million Into Artificial Intelligence

Rail

Amazon May Invest in Indonesia Superapp Gojek

Amazon is upping its presence in Southeast Asia, and currently has no toehold in Indonesia. This potential investment in Gojek could be an entry point there, as well as bolster its food delivery efforts in the region.

Amazon May Invest in Indonesia Superapp Gojek