Ride-hailing start-up, Gojek, wants to grow its business further, beyond its home base of Indonesia this year.
According to Co-CEO Kevin Aluwi, “One of our primary focuses for 2021 is really to expand our footprint outside of Indonesia.”
“Over the last few years, we’ve definitely invested relatively smaller amounts in our markets outside of Indonesia. But, we think this is the year where we really want to spread our wings and be a regional and global business,” he added.
Most companies in Indonesia are going through a difficult time, including transportation services which have been severely affected, according to Aluwi. While Gojek has also felt the pinch, he credits the company’s diversification across food delivery, grocery delivery, and logistics with providing “meaningful pockets of growth.”
Gojek is also reportedly in talks with Indonesian e-commerce player Tokopedia to seal an $18 billion merger ahead of potential IPO plans, Reuters reported this month. The deal could help Gojek take on regional rivals including Singapore-headquartered Grab and internet company Sea, which operates the e-commerce platform Shopee and has a market capitalization value of about $110 billion.