Go-Viet, Go-Jek’s subsidiary in Vietnam, announced the official launch of Go-Food in the country’s capital, Hanoi. The service was first launched in Ho Chi Minh City and has recorded nearly six million orders, according to the firm.
Go-Food has been piloting in Hanoi over the past three months and has collaborated with thousands of food vendors, providing the locals with various options, ranging from fast food to casual and fine dining restaurants.
Go-Viet was officially launched in September 2018 and started its operations in HCMC and Hanoi first with motorcycle taxis and courier services. According to an official press statement, Go-Viet’s transportation services have completed millions of trips while its food business has grown into one of the most popular food delivery platforms in HCMC.
This new development seems to signify Go-Viet’s continued commitment to strengthening its presence in the country. Earlier this month, Go-Viet’s two top executives; general director Nguyen Vu Duc and deputy general director Nguyen Bao Linh had reportedly left their positions and moved to advisory roles at its parent company, Go-Jek, a move that raised eyebrows.
Go-Jek’s expansion in Southeast Asia has experienced some ups and downs lately, especially after the ride-hailing giant still hasn’t got a permit to operate in the Philippines.
However, the company continues maturing and has recently achieved official ‘decacorn’ status, according to data revealed by market intelligence firm CB Insights. Go-Jek’s valuation reportedly reached USD 10 billion, making it the first decacorn in Indonesia.
Editor: Nadine Freischlad
IslamicMarkets unites the global Islamic economy on one single platform: Startup StoriesIslamicMarkets unites the global Islamic economy on one single platform: Startup Stories
Lee Swee Lin of PichaEats on helping Malaysia’s refugees: Startup StoriesLee Swee Lin of PichaEats on helping Malaysia’s refugees: Startup Stories
How Alibaba.com is turning SMEs into multinationals (Part 2 of 2)How Alibaba.com is turning SMEs into multinationals (Part 2 of 2)
Indonesian agritech: complicated, but promisingIndonesian agritech: complicated, but promising
One of a kind: Early StageOne of a kind: Early Stage