Ride-hailing sector competition throwing sparksThe race for market share in the Vietnamese ride-hailing sector has just entered a new phase with the arrival of big players like Go-Jek, Aber, and MVL. Igniting a new raceAccording to newswire DealStreetAsia, Go-Jek will initially offer ride-hailing services in Thailand, Vietnam, Singapore, and the Philippines, with plans to add additional services later. In Vietnam, Go-Jek selects Go-Viet as its partner to invest in technology and professional training. Once Go-Jek officially starts operations in Vietnam, it is expected to become a heavyweight in the ride-hailing market. According to the report of Temasek (Singapore), the Southeast Asian ride-hailing market will be valued at $20 billion in 2025, seven times higher than the existing value.

Source: VietNamNet News May 29, 2018 03:11 UTC