Quick Answer: How Much Is Gojek Worth?

How do Gojek drivers get paid?

None of the apps employ their drivers directly, but get paid according to performance.

Costs for the vehicle and telephone etc are covered by the drivers themselves.

The drivers get paid per km as well as through bonuses.

At the beginning Gojek paid the drivers 4000 Rupees per Km..

Why is Gojek successful?

It has become a huge success by tapping into the need for a ride-sharing service to make it easier to find and pay a driver and then by expanding into 18 verticals. Consumers now turn to Go-jek for services that include food delivery, on-demand massage, courier services, ticketing, cleaning and bill payments.

How much does grab take from drivers?

Does Grab take any commission? Yes, Grab takes a maximum of 20% commission.

Why startups are not profitable?

Future Of The Indian Startup EcoSystem After The Lockdown According to a survey, 9 on 10 start-ups in India fail because of lack of innovation, funds and human resource.

Is Gojek profitable?

Indonesian decacorn Gojek recorded operational profit in its four core businesses this year to date, which would enable it to expand self-funding in the future, a senior executive announced on Thursday.

Can go Jek go 2 destination?

Good news – folks who go home / make their way in the same direction, GoCar now has a multi-destination function that allows up to 2 extra stops (3 stops total) for your rides.

Is Gojek public?

GoJek was founded in 2010 by Nadiem Makarim, Kevin Aluwi, and Michaelangelo Moran. In an article by the Business Times China from October 2019, Co-CEO and President Andre Soelistyo stated that there is no set date for the company’s IPO.

Is Gojek cheaper than grab?

In a Reddit post Friday, user u/plane_snake posted a side-by-side comparison of both Grab and Go-Jek’s ride-hailing services, and found that the ride on Go-Jek was about four times cheaper than the ride on Grab despite keying in the same pick-up point and destination.

Who invested in grab?

SoftBank CorpIn December 2014, Grab managed to raise US$250 million in series D funding, invested in full by SoftBank Corp (now SoftBank Group), which Grab claimed to be the largest investment made into a Southeast Asian internet company on public record.

Is Grab making a profit?

Since its inception in 2012, the Singapore-based company has not churned out a single dollar of profit. Though it does claim to be profitable in some ‘verticals’, such as food delivery, Grab has yet to publicly explain how much, when and where it earns profit in precise terms.

Where is go Jek available?

Gojek operates in Indonesia, Vietnam, Singapore, Thailand, and Philippines (through the acquisition of Coins.ph). Gojek is the first Indonesian unicorn company, as well as the country’s first “decacorn” company.

Can Gojek make 2 stops?

Customers can add up to 2 extra stops (3 stops in total). Each extra stop comes with a surcharge of $4 (subject to 20% service fee), on top of trip fare that is based on the total distance travelled. Mr Lim and friends booked a ride with 3 different destinations.

How much is grab losing?

At the end of 2018, Grab was internally projecting a 2019 annual net loss of about $1.5 billion, according to people who were briefed on the matter.

Who invested in Gojek?

Gojek already has a number of prominent backers including Google, Temasek and Chinese tech giant Tencent. The Indonesian start-up has a valuation of $10 billion, according to CB Insights. It raised $1.2 billion of fresh funds in March, reports said.

Which is better grab or Gojek?

Grab focus only on its big three services: tranport, food delivery, goods delivery. To put into perspective, Gojek offers far more variety of service, like movie tickets, massage, cleaning service, make up artist etc.