Go-Jek, a ride-hailing app provider based in Indonesia, is apparently trying to enter into a joint venture with ComfortDelGro Corp., a Singapore based land transport firm. Earlier, ComfortDelGro Corporation had signed a pact with Uber Technologies Inc. for acquiring a substantially huge chunk of shares in Lion City Rentals, an Uber owned private-hire car division. According to the pact, ComfortDelGro could avail exclusive rights of using the Uber app for its drivers. With Uber closing its operations across the Southeast Asia after selling its business to Grab, the agreement lies in a dire state with an uncertain future.
Reportedly in June last year, Go-Jek established its data science office in Singapore for business development and has commenced its operations from January this year. The firm is likely to recruit data scientists within a span of a few days. Experts are of the opinion that the Indonesian firm will commence its car ride-sharing operations in Singapore over the coming months.
On the other hand, ComfortDelGro has been attempting to establish its business across the disrupted car-sharing sector in Southeast Asia. For the record, the ridesharing industry across the Southeast region has been dominated by established players such as Grab and Uber since the last few years.
ConfortDelGro’s strategic decision to enter into a partnership deal with Uber had been an effort to strengthen its taxi business in Singapore. It has been speculated that rather than introducing new car-sharing services in Singapore, Go-Jek is expected to sign a partnership agreement with ComfortDelGro for getting the facility of accessing the latter’s vehicle fleet.
As per reports, the cab fleet of ComfortDelGro has declined by over twenty percent since the entry of Uber & Grab across the Southeast Asia ride-hailing market. Industry analysts have forecast that if the current deal materializes, it could prove beneficial and lead to a win-win situation for both ComfortDelGro as well as Go-Jek.
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