Gojek

In 50 Words: Recent transport initiatives like GoCar Hemat can help the company manage costs while expanding its addressable market.

In 50 Words: Pandu Sjahrir, CEO of Electrum, likened the rising EV space with ecommerce’s early days. That’s both good and bad.

Among the recent initiatives rolled out by its transport business to manage cost is GoCar Hemat, which has reached more than 60 areas in Indonesia.

While Grab is engaging customers within its ecosystem, GoTo has been onboarding users both inside and outside its platform.

We look at why cutting commission fees may herald Gojek’s exit from Singapore and dive into the state of healthtech funding in Southeast Asia.

The group’s adjusted EBITDA loss narrowed to US$59.3 million in Q3 2023, marking its seventh consecutive quarter of improvements.

The business case for the ride-hailing firm to operate in Singapore remains weak, according to analysts.

However, the number of shares equaled just 0.03% of GoTo Group’s total issued and fully paid-up capital.

As pollution levels in Jakarta soared, air monitoring app Nafas saw a 400% surge in the number of users within just two weeks.

The deal also involves non-financial support to help GoTo’s fleet of driver-partners switch to electric vehicles.