atans1

Either go Grab or Gojek

In Infrastructure on 05/01/2019 at 10:39 am

Southeast Asia’s apps-for-everything will dominate in 2019. Cash is being lavished on Grab and Go-Jek, as they dabble in everything from ride-hailing to groceries. It’s a Chinese approach to luring and keeping consumers who are moving online fast.

The region from Myanmar to Indonesia is one of the world’s fastest-growing internet markets, with cheap smartphones, low connection costs and improving data speeds. On average, according to a 2018 study by Google and Singapore’s Temasek, Thai users spent almost five hours online daily – more than three times their Japanese counterparts.

[…]

Part of the reason is the transformation of Grab and Go-Jek into apps-for-everything, along the model of China’s Meituan Dianping, is to keep consumers coming back for payments, rides, massages and takeouts, among other things.

https://www.reuters.com/article/us-grab-gojek-breakingviews/breakingviews-superapps-will-starve-the-rest-in-southeast-asia-idUSKCN1OW02F

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