Indonesia’s ride-hailing and payments unicorn Go-Jek will launch the beta version of its app in Singapore before Christmas.
Go-Jek president Andre Soelistyo confirmed the beta launch at the Singapore Fintech Festival last week. The beta launch will allow Go-Jek to capture user feedback and finetune its eventual launch.
Soelistyo also admitted to being ‘a little scared’ about the pent-up demand in the city-state after the exit of Uber.
Singapore-headquartered Grab — also, Go-Jek’s nemesis — had in March announced the acquisition of Uber’s Southeast Asia operations, which marked the US ride-hailing giant’s exit from several markets in the region. It also gave Grab a lion’s share of the ride-hailing market in Singapore, which earned it a $4.7-million wrap on the knuckles from the city-state’s competition watchdog in September.
Go-Jek, meanwhile, is preparing to take on Grab in the latter’s own backyard. In October, it announced the launch of a portal for drivers to pre-register in Singapore.
Last week, Go-Jek unveiled a strategic partnership with Singapore’s DBS Bank to collaborate on payment services in the region. DBS has one of the largest debit and credit card circulations in Singapore. It is also the largest lender in Southeast Asia.
Apart from Singapore, Go-Jek is also expanding into the Philippines and Thailand. The company recently ventured into Vietnam in September.