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Go-Jek says close to profits in all segments, except transport: CEO

Reuters
Reuters • 3 min read
Go-Jek says close to profits in all segments, except transport: CEO
(Aug 17): Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.
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(Aug 17): Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.

Launched in 2011 in Jakarta, Go-Jek - a play on the local word for motorbike taxis - has evolved from a ride-hailing service to a one-stop app allowing clients in Southeast Asia's largest economy to make online payments and order everything from food, groceries to massages.

“We're seeing enormous online to offline traction for all of our businesses and are close to being profitable, outside of transportation,” said the 34-year old CEO.

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