Global Economic Awareness Project

Economic Literacy for Young Students Worldwide

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Kendari – The economic implications of the growth of Go-Jek and Grab

1. LA ODE ILAN
2. ALMEIRA SALSABILA
3. RAHYUNI MELISA
4. FARAH DZAKIRAH

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The Sharing Economy: Go-Jek vs. Grab – Introduction & Overview (1/2)

GO-JEK AND GRAB have existed to diminish unemployement in the same number of joblessness
have turned out to be independently employed drivers

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The Sharing Economy: Go-Jek vs. Grab – Introduction & Overview (1/2)

What are Grab and Go-Jek?

• When were they founded?

• Where are they headquartered?
• What products and services do they provide?

How big are Grab and Go-Jek?

• How quickly are they growing?

• Are they profitable?

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The Sharing Economy: Go-Jek vs. Grab – Introduction & Overview (2/2)

What are some of the similarities and differences between the two companies?

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Microeconomic effects of Grab and Go-Jek (1/3)

What market structure do Grab and Go-Jek operate under?

• What are some of the characteristics and implications of this type of market?

Confidential – Internal use only

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Microeconomic effects of Grab and Go-Jek (2/3)

If one of Grab or Go-Jek were to cease to operate in Indonesia what type of market would then exist?

• What impact would this have on the wages for workers?

• What impact would this have on prices for consumers?

Confidential – Internal use only

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Microeconomic effects of Grab and Go-Jek (3/3)

Transportation Ministry confirmed that two ride-hailing companies operating in Indonesia, Go-Jek
and Grab, had increased their fares for online motorcycle taxi, or online ojek service.

The increase is in line with the The regulation, published by the ministry today is
implementation of the new Ministerial titled Ministry of Transportation Regulation
Regulation No. 348/2019 on The Minimum Number 12 of 2019 concerning the Safety and
and Maximum Fare of Online Ojek. Protection of Users of Motorcycles Used in the
Interest of the Community”.

https://en.tempo.co/read/1201342/go-jek-evaluates-impact-of-tariff-hike
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Macroeconomic effects of Grab and Go-Jek (1/2)

Online transportations bring an enormous number

of advantages that need to be discovered by
everyone.

According to Jakarta’s regional GDP since

2014 (when Go-Jek launched its mobile app),
consumption for food services – Go-Jek
offerings – has increased at a significantly
faster pace compared to other services.

Source: https://blog.gojekengineering.com/gojeks-
impact-for-indonesia-1d506d2146b1
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Macroeconomic effects of Grab and Go-Jek (1/2)

Digital payment systems allow entrepreneurs to pay for goods or services electronically, using a mobile
phone, the internet, retail point of sales, and other broadly available access points instead of using cash or
checks.

Source: Author’s own compilation based on data from World Bank Global
Findex (2015). Online at: http://www.worldbank.org/globalfindex.

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Macroeconomic effects of Grab and Go-Jek (1/2)

What macroeconomic impact have Grab and Go-Jek had on the cities in which they operate. yuni

Source: Euromonitor (2012) in Credit Suisse (2015) 11

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Macroeconomic effects of Grab and Go-Jek (2/2)

What are some of the broader benefits or costs for the Indonesian economy as a result of the emergence of Grab
and Go-Jek?
• How much money have these two companies raised from investors?
• What are the benefits of foreign investment into these companies for the Indonesian economy?
• What is the likely impact on overall unemployment in Indonesia as a result of these two companies
existing?

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Wider implications

Why should you as a student be aware of the growth of start-up companies in Indonesia such as Grab and Go-Jek
and their implications for the economy?
• What means do you have to actively participate in the future growth of private companies in Indonesia?
• How can an education be conducive to your active participation in the broader policy decisions of your
country and how it chooses to embrace technology and startup businesses?

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End of Presentation - GEA Project Contact Information

https://www.facebook.com/geaproject

info@geaproject.org

https://www.gea-project.org web

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IMPACT

EVIDENCE 1
IT COULD BE CHART, RELEVANT
DATA.
BE MORE SPESIFIC! EVIDENCE 2
PUT THE SOURCE!

SUPPORTING DATA

RELATED TO THE IMPACT

SOURCES.
IT COULD BE UNITED NATION DATA, ETC. 15
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