For a company the size of Uber, it can be tough to know when it’s time to keep the foot on the gas pedal of growth and when it makes sense to ease off the accelerator and focus on perfecting what they have. When it comes to Southeast Asia, Uber seems to have a clear idea of what it needs to do.
An unnamed source informed TechCrunch that Uber’s operations in Singapore and the Philippines have turned profitable, and considering Uber’s June announcement that it had done the same in all of its markets in the Western world, it could lead to big things for the ride-hailing giant always on the lookout for the next business opportunity. Namely, Uber has begun introducing many of the line extension services common in the West – UberEATS and UberRush, for example – in Southeast Asian countries.
The biggest development as far as Uber’s hopes in Southeast Asia are concerned might be UberMOTO, its motorbike taxi service that got off to an ignominious start in the region with a ban from Bangkok authorities in May. Uber hopes Indonesia proves a better playing field for its next innovation aimed at gaining an even bigger foothold among the country’s transportation network.
