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GO-JEK to Bring in 200 Engineers on Board in Bengaluru

5Oct By Gauri SinghNo Comments

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GO-JEK to Bring in 200 Engineers on Board in Bengaluru

Indonesia-based ride-hailing player called GO-JEK has been planning to appoint 200 engineers in Bengaluru. This is being done to expand the portfolio of products in food delivery, taxi-sharing, logistics and digital payments among others. This step is being taken by the company with an aim to expand its presence across SouthEast Asia. In May, GO-JEK had said it would invest $500 million to enter markets like Philippines, Singapore, Thailand and Vietnam. It was last month that the company forayed into Vietnam's capital of Hanoi under the brand Go-Viet. With this, GO-JEK stated that it would be bringing in key officials across various product segments such as Data Scientists, Full-stack engineers, Data Engineers, Product Managers, UI/UX designers and Backend Engineers. The basic purpos...

Uber Sells its Southeast Asia Operations to Grab

Ride-hailing company Uber Technologies Inc came to terms with bigger regional rival Grab to sell its Southeast Asian business operations, both firms said in a statement released today. The deal now puts pressure on Alphabet Inc’s Google and China’s Tencent Holdings Ltd who both support Indonesia’s Go-Jek. The deal between Uber and Grab is Southeast Asia’s first big consolidation. This region is now experiencing fierce competition in the ride-hailing industry after Japan’s SoftBank Group Corp’s Vision Fund invested over a billion dollar in Uber and Grab. As part of the deal, Uber will now hold 27.5 percent stake in the Singapore-based company and Dara Khosrowshahi, Uber’s CEO, is reportedly going to join Grab’s board. "It will help us double down on our plans for growth as we inves...

Indonesia Based GO-JEK Acquires Bangalore Based Startup Pianta

Indonesia's based food and grocery delivery startup GO-JEK has acquired Bangalore based Pianta, a marketplace for home healthcare services, for an undisclosed sum. Post the acquisition, Pianta's eight member team will merge with GO-JEK's engineering centre in Bangalore. Founded in 2010, GO-JEK has over two lakh motorbike taxis, known as "ojeks" in its fleet. Since then, the company has diversified into food, grocery and even courier delivery services. GO-JEK raised $550 million in 2016 from the likes of KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets. In India, GO-JEK doesn't have any services but has an engineering centre in Bangalore where it employs 60 people."Pianta's core team comes from Ola and Flipkart and their expertise in the logistics and payments s...