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Jakarta Post

Go-Jek, Grab contribute Rp 93.1t to RI economy: Surveys

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Fri, April 12 2019   /  12:08 am

Go-Jek and Grab, a local ride-hailing duopoly, contributed a total of Rp 93.1 trillion (US$6.56 billion) to Indonesia’s informal economy last year through additional income for drivers and food merchants, according to different surveys.Grab, according to a survey released on Thursday, contributed Rp 46.2 trillion through three business units: GrabBike with Rp 15.7 trillion, GrabCar with Rp 9.7 trillion and GrabFood with Rp 20.8 trillion. Kudo, an Indonesia-based online payment start-up, which was acquired by Grab in April 2017, contributed another Rp 2.7 trillion. Including Kudo, Grab’s total contribution to the economy was Rp 48.9 trillion.Homegrown ride–hailing company Go-Jek, meanwhile, contributed Rp 44.2 trillion to the informal economy last year via its Go-Ride and Go-Food business units, according to a separate survey released last month.Go-Jek began its operation in the cou...