Indonesia’s Go-Jek close to profits in all segments, except transport: CEO


  • TECH
  • Friday, 17 Aug 2018

Nadiem Makarim, founder of the Indonesian ride-hailing and online payment firm Go-Jek poses for a photograph following an interview with Reuters at the Go-Jek offices in Jakarta, Indonesia, August 15, 2018. REUTERS/Darren Whiteside

JAKARTA: Go-Jek, Indonesia's first billion-dollar startup, is “extremely close” to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.

Launched in 2011 in Jakarta, Go-Jek – a play on the local word for motorbike taxis – has evolved from a ride-hailing service to a one-stop app allowing clients in South-East Asia's largest economy to make online payments and order everything from food, groceries to massages.

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Go-Jek; Indonesia

   

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