Gojek is a super app that has revolutionized the way Indonesians live their daily lives. From transportation to food delivery, from grocery shopping to bill payments, Gojek has become a one-stop solution for all the needs of its users. But how big is Gojek’s market share in Indonesia? In this article, we will explore the market share of Gojek, its competitors, and its future prospects.
What is Gojek?
Gojek was founded in 2010 as a ride-hailing app in Jakarta. Since then, it has expanded its services to include food delivery, courier, grocery shopping, and many more. Gojek claims to have more than 170 million downloads and more than 2 million driver and merchant partners in Southeast Asia. Its valuation is estimated to be around $10 billion.
Gojek’s Market Share in Indonesia
According to a report by App Annie, Gojek is the most downloaded ride-hailing app in Indonesia. It has a market share of around 70% in the ride-hailing sector. However, its market share in other sectors like food delivery and payments is lower compared to its competitor, Grab.
Competitors of Gojek
Grab is the main competitor of Gojek in Southeast Asia. Grab has a strong presence in countries like Malaysia, Singapore, and Thailand. It has a market share of around 60% in the ride-hailing sector in Indonesia. However, Grab’s market share in other sectors like food delivery and payments is lower compared to Gojek.
Future Prospects of Gojek
Gojek has a bright future ahead of it. It has recently received investments from Facebook, PayPal, and Google. Gojek plans to use the funds to expand its services and enter new markets. It has also announced its intention to go public through a merger with a SPAC (Special Purpose Acquisition Company) in the US. Gojek’s CEO, Andre Soelistyo, has stated that the company’s goal is to become a “go-to platform for everything” in Southeast Asia.
In conclusion, Gojek is a super app that has gained a significant market share in Indonesia’s ride-hailing sector. However, its market share in other sectors like food delivery and payments is lower compared to its competitor, Grab. With recent investments and plans to go public, Gojek’s future prospects look bright. It will be interesting to see how Gojek competes with Grab and other super apps in the region.