By Lu Shu © CompassList

By Lu Shu © CompassList

Now that Grab and Go-Jek are in a faceoff on a regional scale, here’s a look at how Southeast Asia’s two biggest unicorns – and their investors – could be shaping the local digital economies and startup ecosystems

When Uber decided to sell its Southeast Asia business to local rival Grab March this year, it left the region virtually facing a ride-hailing monopoly. Except in one market: Indonesia, where the home-grown Go-Jek has its grip firmly on the region’s largest and most populous country.  
Indonesia’s first and most valuable unicorn, Go-Jek has since also begun expanding into other Southeast Asian markets. It's said to be valued up to US$10 billion in a coming round of funding, just below Grab’s US$11 billion tag. Both startups are backed by some of the world’s most...

The rest of the content is exclusive to Premium subscribers

Subscribe now to continue accessing our full range of insights and data.

I’m a/an
  • Entreprenuer
  • Investors
  • Researcher
  • Technology & Startup Enthusiast
  • Government Staff

Your payment was not successful.

Please make sure you have entered your payment details correctly. Or try again in a few moments.

small logo

The discount code you entered is invalid

Please make sure you have entered your discount code correctly. Or try again in a few moments.

Download successful.

Your sample has been sent. Please check your email.

By continuing to browse this website, you consent to our use of cookies, as well as to our Terms of Use and Privacy Policy which provide additional information about how we process your data. This website uses cookies to enhance your user experience. Please read our Cookies Policy for more information on how we use cookies, as well as instructions on how to disable cookies. You may disable cookies through your internet browser settings, however this may result in some parts of the website not working properly for you.