How Apps Like Gojek Are Performing Amid The Global Pandemic?
The ride-hailing segment, ever since its inception in 2009 with the heralding of Uber, has grown by leaps and bounds to the extent that it was projected to be one of the most profitable segments in the near future. The business model also spawned a lot of other brands and businesses, some of them on lateral lines and some of them on the same vertical.
On one side, there were a lot of on-demand cab booking applications like Lyft, DiDi, 99, and Ola that were springing up in almost every corner of the world. Parallel to this, the Uber model had given rise to a steady stream of service businesses using the on-demand model. Some of them include but are not limited to food delivery, household and handyman services, tutoring and learning services, and even dating.
The Screeching Halt
In the ...