Asia PE-VC Summit 2020: How Grab and Gojek are preparing for a post-pandemic world

(Left to right) Gojek’s Chief Food Officer Catherine Sutjahyo, Grab president Ming Maa, and Gojek’s Group Head of Transport Raditya Wibowo.

The coronavirus pandemic has caused demand for rides-hailing to plummet by double-digit rates around the world. In Southeast Asia, two decacorns Grab and Gojek — have faced tremendous pressure to stay afloat during the crisis.

In June, Grab laid off about 360 employees, citing the stark impact of COVID-19 on its businesses and the foreseen prolonged recession. Meanwhile, Gojek terminated about 430 employees.

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