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myhtspace The other unknown is what influence, if any, Makarim continues to wield on Gojek, and how he will fare in the political arena. He now sits at Jokowi’s table but was allowed to keep his stake in the company, with Gojek calling him a “passive shareholder”. “[Makarim] has managed many people and built a big … Read more
Before Gojek existed, motorcycle taxi drivers weren’t organised at all. Even car-based transportation still has informal service providers. Drivers, thus, had to rely on whatever jobs they could get on a day-to-day basis. Gojek offers better access to jobs and has started providing basic security to its drivers, such as accident insurance and healthcare. This … Read more
Armed, during that period, with a similar demographic composition to what Indonesia will witness this decade, the manufacturing boom in China led to impressive economic growth. A similar pattern also occurred in South Korea earlier. This helped propel both nations upwards in the ranks of countries globally by gross domestic product (GDP). Secondly, there is … Read more
“In my findings most drivers said money was their main motivation [for joining Grab] because the vast majority saw their income double or almost double,” says Bharat. It’s a quick-bucks opportunity even some office workers want a piece of. However, there’s a precedent across Asia where the promise of higher earnings in the gig economy … Read more
TPG’s struggles to garner the necessary coverage has led the company to lease infrastructure from the incumbent telcos. TPG paid around S$27 million (US$19 million) in total to all three telcos to use their in-tunnel network infrastructure during the last quarter of 2019, said Mittal. According to Mittal’s estimates, TPG would garner about 1% of … Read more
TPG said it expected to deliver commercial services to customers in 2018. It gave a rosy forecast of reaching a 5%-6% market share within a “short period of time” on the back of the “excellent value of the offerings that it will bring to the market”. However, it took till the end of 2018 for … Read more
Another store owner in Bengaluru said he agreed to install Jumbotail’s PoS system since it was offered for free, but after receiving frequent calls asking him to share data, he cut off contact with the company. “Why should I share my customer preferences and frequently-bought products in my area? I already know my customers and … Read more
Several small retailers we spoke with in cities like Bangalore, Delhi and Mumbai echo the paranoia of the JP Nagar store owner. They all expressed unease at the idea of companies being able to access their customer data, fearing they will eventually be cut out of the bargain altogether. Some analysts, meanwhile, believe that store … Read more
In grocery—seen as the next big opportunity for online businesses looking to lap up India’s retail pie—kirana stores are an invaluable asset. While the Indian grocery market is worth upwards of $550 billion, according to retail consultancy Technopak Advisors, the organised sector is barely a drop in the grocery ocean. Just some $21 billion, according … Read more
Except it really isn’t that simple. Speak to kirana store owners and the prospect of tying up with big businesses is a dilemma rather than a lifeline. From issues around the economic viability of these arrangements to fears over data-sharing, not all of them seem ready to take the leap. Deliverance India’s biggest e-commerce companies, … Read more