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Leadership Gaps, Delays, Competition As Key Factors to Gojek Vietnam Exit
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Leadership Gaps, Delays, Competition As Key Factors to Gojek Vietnam Exit
Gojek’s ambitious expansion into Vietnam in 2018 had significant potential and made a remarkable start. However, the venture ultimately failed due to several factors, including its inability to retain its leadership team, to establish a sustainable ecosystem independent of subsidies, and to expand its product offerings at a pace comparable to emerging competitors, according to a recent analysis by Runway Ventures, a weekly newsletter that examin…
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