Ride-hailing grows up for Grab, Gojek, but no longer driving super app’s future

Ride-hailing grows up for Grab, Gojek, but no longer driving super app’s future

The latest moves and news by ride-hailing players suggest that the decade-old transportation business model may finally be seeing signs of stability. But don’t launch the ride-hailing comeback tour in Southeast Asia just yet.

Industry observers say ride-hailing is unlikely to reclaim the wheel for regional giants Grab and Gojek, instead remaining in the backseat to play a crucial but supporting role as the super app players rely on food and financials to drive growth.

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