Gojek may soon offer food delivery services

SINGAPORE - Ride-hailing firm Gojek is looking to serve up food delivery and courier services soon as part of its ambitious expansion strategy here. Gojek Singapore general manager Lien Choong Luen said that these two services "make a lot of sense" in the Singapore market. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

Gojek cuts its commission by half till at least end-2022 to improve drivers’ earnings

SINGAPORE - Ride-hailing operator Gojek will halve the commission it receives from its drivers from June 21 till at least the end-2022, in order to help them increase their earnings. This means Gojek drivers will get to keep 90 per cent of the fare from every trip, instead of 80 per cent. The move comes after Grab, the dominant ride-hailing operator here, said it would seek to improve drivers' earnings by introducing a $1 fare hike from this month. Gojek said on Monday (June 14) that the cut in commission, which it refers to as service fees, will help to lessen the impact of the Covid-19 pandemic on its drivers. It said a survey it conducted found that 50 per cent of drivers want lower service fees for better earnings. Gojek will also introduce a payout of $3 to drivers who have to drive 3km or more to pick-up their passenger, among other measures. Its general manager, Mr Lien Choong Luen, said: "The ongoing impact of the pandemic is a consistent worry for our driver-partners as they try to sustain their earnings amidst the uncertainty. "These measures will have a profound impact on the livelihoods of our driver-partners, increasing their take-home earnings while giving them more f...

Gojek offers two vouchers worth $15 each for users commuting to vaccination centres

SINGAPORE - Commuters going to get their vaccinations can now use two vouchers worth $15 each that ride-hailing firm Gojek Singapore is giving out to its users. The ride vouchers can be used to book rides to and from Covid-19 vaccination centres around the island. The aim is to help make sure that those who need transportation to vaccination sites are able to get it, said the firm in a statement on Thursday (May 27). The pair of ride vouchers will automatically be added to every user's Gojek account on Thursday and be available for use through Aug 31. With each voucher, riders can book a subsidised ride for pick-up or drop-off at their appointed vaccination centre, polyclinic or clinic. The vouchers can be used on any day of the week from 8am to 8pm. New users who download the Gojek app and sign up with the platform between May 27 and Aug 31 will also receive the vouchers in their Gojek accounts, in addition to a discount voucher usually extended to all new users. Earlier this month, the firm partnered with Tan Tock Seng Hospital to distribute ride vouchers to hospital employees as part an ongoing initiative, GoHeroes, to support healthcare workers, who are keeping Singapore well a...

GIC-backed Bank Jago races to upend mobile banking in Indonesia

JAKARTA (BLOOMBERG) - Bank Jago will begin offering some banking services via mobile app this month before extending full-fledged products including loans, securing early-mover advantage in Indonesia's booming digital banking industry. The lender, which received fresh capital from ride-hailing and payments giant Gojek and Singapore sovereign wealth fund GIC, will then embed its services on Gojek's platform this year, president director Kharim Siregar and commissioner Anika Faisal said in a joint interview from Jakarta. That would let Gojek's tens of millions of users instantly open a bank account with Jago and manage their finances via the Gojek app. "We really foresee the change in the lifestyle through the phones," Mr Siregar said. Digital banking "needs to be easy, fast and secure. Whoever can do this well will come out as leaders. We want to be in that leadership position." Bank Jago went from obscurity to Indonesia's fourth most-valuable listed bank in recent months. Gojek and GIC's investment has swelled optimism that a small bank with total assets of just US$116.2 million (S$155.4 million) in September could become the first technology-based lender catering to the masses. It...