Technology

Indonesian ride-hailing firm Go-Jek expands to Vietnam, Thailand

Updated : June 25, 2018 04:31 PM IST

Indonesian ride-hailing and online payment firm Go-Jek said on Monday it had entered Vietnam and Thailand as part of a $500 million international expansion.

The company will start beta testing in July in Vietnam under the brand Go-Viet, before launching "soon afterwards" in Thailand as GET, Go-Jek said in a statement.

It will start with ride-hailing and on-demand logistics services before expanding to other sectors, Go-Jek said.

The expansion follows Go-Jek's latest round of fundraising, which brought investment from companies including Indonesia's Astra International, Chinese e-commerce powerhouse JD.Com, Chinese technology giant Tencent and Singapore state-owned investment firm Temasek Holdings.

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