Gojek to sharpen focus on Vietnam, Singapore markets following Thai exit

Source: ANTARA FOTO/ADITYA PRADANA PUTRA/FOC.

It may seem counter-intuitive, but Indonesian superapp Gojek’s withdrawal from the Thailand market, announced last week, could end up aiding its regional expansion.

The plan to sell the Thailand business to Malaysian budget carrier AirAsia will free up resources for Gojek to focus on Southeast Asia’s more lucrative markets — Vietnam and Singapore, to start with, said analysts DealStreetAsia spoke to.

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