Gojek and Grab : the rise of the south-east Asian super app | FT
Gojek and Grab : the rise of the south-east Asian super app | FT
CLICK TO WATCH | 8:13
55
$ 5.5bn it was worth in 2015 . The report further predicted that the sector alone would be worth $ 150bn by 2025 . Also of note are the ride hailing and online travel sectors , worth $ 12.7bn and $ 34.4bn respectively .
Rohit Sipahimalani , Joint Head , Investment Group , Temasek said : “ Mobile technology is changing the way Southeast Asians work and live ; providing them with greater access to new opportunities and markets . This trend is creating attractive investable opportunities in Southeast Asia ’ s Internet economy . These opportunities tap on structural trends that are being driven by transformational technologies and changing consumption patterns . Together with businesses , governments and communities , we are committed to helping create a better , smarter , and more sustainable Southeast Asia .”
90 % of the region ’ s internet users are connected through mobile means , making it no surprise that the biggest startups in the region tend to be socalled “ super app ” mobile platforms . Such an approach sees a suite of services being offered inside the same
www . technologymagazine . com