Homepage / Asia / Motorbike delivery and ride-sharing app Go-Jek boosts Jakarta's traffic-clogged economy
8 Brands & Generics Human Growth Hormone HGH Injections Find local black hookups near you what’s ssbbw chat? About Japanese Dating society and also the west Guy who would like to Date a Japanese woman – MeetKing Blog 9 Guidelines On How To Hook-up On College Gameday (At Any College) Leading Live Casino Games Provider Leading Live Casino Games Provider Pin Up Slotlarýyla Eðlence ve Para Kazanma Bir Arada The core concept of digital entertainment hub AbeBet: signature points and groups Live-сессии с дилерами в онлайн-казино azino777 How Online Gambling Enterprises Operate Around the World Meet compatible single mothers and exchange ideas official site Play airplane online Ritalin: Jak legálně zakoupit bez receptu v České republice Connect with suitable asian singles in your area How-to Date A Pornstar While Making It Operate (The Ultimate Guide) Buy Bitcoin with Credit Card or Debit Card Instantly Buy Bitcoin How to buy BTC Finding trans girls near you – the simplest way to hookup Connect with like-minded singles on a mennonite dating website Assortment of in-demand games respected casino platform abe bet casino in cyberspace Connect with girls from round the world Alexander Gambling establishment: Dйcouvrez une Nouvelle Expйrience de Jeu en Ligne Le meilleur Extra casino en ligne pour jouer BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING The simplest way to get a local hookup what’s millionairess dating? Get prepared to connect to latinas whom share your interests Estonian Chat place – an ideal Place for Dating Estonian Singles Join our bisexual chat room now and commence connecting Discover the advantages of dating a mature mom latina How to discover the best bbw hookup app for you Title: Juega en 1Win Casino Argentina Bonos y Apuestas 5 Best BBW Lesbian Dating Apps/Sites In 2022 Online Gambling Review submissions dia govt.nz Разыгрываемые джекпоты в виртуальном клубе Вулкан казино 30 Of The Greatest Adult Sex Toys For Males | Men’s Room Health Mag Australian Continent Cazino 7 slots cyberspace: conditions and rules for betting with real cash 1Win: ¡el mejor lugar de casino y apuestas deportivas de Argentina! Aufcasino ????Mature Dating Evaluation 2023 – Whatever You Need To Know About It! ???? Take the first step towards fulfilling your ebony lesbian bbw match now Ideas on how to come-out: Tips to keep in mind > Taimi Meet your perfect match – granny hookup site Türkiye-Çin İşbirliği Derinleşiyor GuGi Mobil Yükleme Seçenekleri Hizmet İçi Eğitim Sona Erdi Dooball tv ดูบอล ออนไลน์ สด 66 ลิงค์ บนมือถือ ฟรี ภาพชัด HD ทั่วโลก Find your rich cougar date in the most useful dating site Find your dream fat girl hookup today Slot Thailand Daftar Link Situs Slot Gacor Maxwin x500 Terbaru Hari Ini Resmi Auto Jackpot! Konsultasi ke Dewan Pers, Komisi I DPRD Jambi Pertanyakan Indeks Kemerdekaan Pers Jambi yang Turun Akses News Cerita Korban Judol di Balikpapan yang Nekat Gelapkan Uang How to get local horney women in your area 3 Cara Hapus Akun Judi Online Slot : Okezone Economy SITUS TOTO > Sering Kalah Main Di Situs Slot Gacor Terbaru Mudah Maxwin Situs Slot Gacor Maxwin Main Tanpa Pola Modal 5ribu Terbaik Melhores cassinos online de Novembro 2024: Confira o top 10! Enjoy amazing gay sex experiences using the top sites on the web Make the absolute most of one’s big butt dating adventure here 9 circumstances this means when a person avoids eye contact with a lady – Hack Spirit Top Greatest M4M Personals Sites in 2022 ◉ BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Лотерейные розыгрыши в kasino on-line Лев казино: условия осуществления и доступа Main features of playing in machines at online-club Karavan Connect with like-minded females making new friends Comment accéder à des jeux gratuits avec Space fortuna bonus ? PUCUK4D⭐ Bandar Toto Togel Online & Situs Toto 4d Terpercaya #1 Betting site Karavan bet Gates of Olympus internet-based: benefits of playing for real money Discover an environment of opportunities with lesbian and bisexual dating Aprovecha Los Códigos Promocionales De Bbrbet ¡más Bonos, Más Juegos 1xbet Giriş Yeni Adresi 2024 ⭐️ 1xbahis Güncel Adres » 1x Guess Mobil Casino How to get started with sext room BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING La Application De Bbrbet: Juegos Y Apuestas Approach Alcance De Tu Man Start your love story now – join our talk to gay strangers source today BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Find regional bbw hookups inside area BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Mobile Casinos: The Ultimate Guide When to Take Cranberry Tablets: Morning or Evening? Online Slots Best Payout: A Comprehensive Overview for Gamblers No Download Casinos: The Ultimate Guide to Instant Play Video Gaming The Carnivore Diet Plan: A Comprehensive Guide to a Questionable Eating Plan What is CBD Lotion Used For? What are Free Penny Slot Machines? What Do Water Tablets Do: A Comprehensive Overview Online Casinos PayPal: Just How to Wager Safely and Firmly

Asia

Motorbike delivery and ride-sharing app Go-Jek boosts Jakarta's traffic-clogged economy

Three years ago, Ferly Aninditya’s stall at a Jakarta food court was losing money.

Deterred by the Indonesian capital’s paralysing traffic, few customers were prepared to come to him.

But that was before he teamed up with Go-Jek, the ride-hailing motorbike service that delivers everything from meals and groceries to cleaners and hairdressers across Jakarta, all at the touch of a smartphone app.

Now Aninditya owns a chain of small restaurants with seven thriving branches that send Indonesian-style fish and chips by Go-Jek’s army of motorbike riders across Jakarta.

“I’ve come this far in part because of Go-Jek,” said Aninditya. “It’s not just sales, but they also helped by spreading our brand through the app.”

Go-Jek has become a crucial workaround in a city with some of the worst traffic in the world. The service’s riders can move goods and people faster around the city than cars, helping businesses increase sales dramatically as they reach more consumers.

Go-Jek, a play on the local word for motorbike taxis, ojek, was set up by Nadiem Makarim, a graduate of the Harvard School of Business and a former associate with McKinsey, who has quickly become a poster child for start-up success in Indonesia.

The company, which counts China’s Tencent Holdings Ltd. and the private equity firm Warburg Pincus LLC as investors, has transformed Jakarta’s economy, economists say.

Bank Indonesia, the central bank, is studying that economic impact. The bank’s chief fintech officer, Junanto Herdiawan, said data was still being collected, but the initial findings were “quite remarkable.” He added: “It could be a game-changer should society keep benefiting from Go-Jek’s services.”

Sri Hartati, the head of the Jakarta government’s Economics Bureau, said Go-Jek has had a “big” impact on consumption and trade in the city. “It has changed people’s behavior, that’s for sure.”

The Indonesia Franchise association estimates its members saw revenue improve 30 percent on average after using Go-Jek.

The Association of Hotels and Restaurants says Go-Jek has increased sales by 15-20 percent for most of its 3,000 members in Jakarta.

Companies pay a percentage of sales to Go-Jek; Aninditya says he pays 15 percent.

Eggi Banon, a 45-year-old beautician, signed up with the app this month and says she has already seen business increase.

“It turns out it’s more profitable working through an app, rather than waiting at my salon,” said Banon, who now hops on a motorbike and leaves the salon when clients order her services through Go-Jek.

Other companies supply cleaners or masseurs, or dispatch a dizzying array of products – flowers, medicine, movie tickets, cameras and eyeglasses.

A Go-Jek spokeswoman declined to say whether the company itself, which is not listed, was profitable. Media reports put the value of the start-up at $2 billion when a funding round started this year.

Most of Go-Jek’s business is centred on Jakarta, but the company also has smaller operations in 24 other cities and is considering expanding to 10 more, capitalizing on transport and logistics shortfalls that have long hobbled Indonesia’s economy.

The World Bank estimates that because of traffic jams, every 1 percent growth in urbanization in Indonesia delivers only 4 percent of long-term GDP growth, compared with 13 percent in India and 10 percent in China.

The downside

Not everybody is happy about Go-Jek and the emergence of other ride-hailing services. Indonesia’s largest taxi operator, PT Blue Bird Tbk, lost three quarters of its market value over a 20-month period from the beginning of 2015, which coincided with the emergence of Go-Jek, as well as the international ride-hailing brands Uber and Grab.

Blue Bird’s shares have since recovered after announcing a partnership with Go-Jek that allows customers to order cabs through the Go-Jek app. But they remain well below 2015 peaks.

PT Tiki Jalur Nugraha Ekakurir (JNE), a logistics company, says Go-Jek has disrupted its same-city deliveries.

“It does make us feel that we have to improve our services,” said Mohammad Feriadi, the president director of JNE.

Go-Jek’s success also relies on pricing and the ubiquity of its riders, which means that many are now working longer hours to match the earnings they were making in the app’s early days when the team was smaller. Today, Go-Jek uses an estimated 250,000 riders, most of them in Jakarta.

“To get 100,000 per day is hard,” said Aming, 47, who joined Go-Jek in 2015 and only gave his first name, referring to his rupiah earnings worth about $7.50.

Go-Jek, though, says it increases job opportunities for low-skilled workers.

“It’s a fair market,” said Monica Oudang, who heads human resources at Go-Jek. “If the price is too low, then no drivers would take the order. If it’s too expensive, then customers won’t use it.”

Systemic concerns

Regulators are also examining Go-Jek and its activities.

Hartati, from Jakarta’s economic bureau, said she was concerned about safety, but was not considering issuing regulations at this stage.

Some academics have also raised concerns about the systemic risks of a company like Go-Jek becoming too ubiquitous. If businesses and consumers rely too much on it, they say, any problems for the company could have ripple effects for the entire economy.

“Go-Jek can create customer dependence,” said Telisa Falianty, a lecturer at University of Indonesia. “When customers have no other options, it could be troublesome.”

Source: cnbc china
Motorbike delivery and ride-sharing app Go-Jek boosts Jakarta's traffic-clogged economy

Comments are closed.