FastGo Viet Nam on Friday officially launched its service in Myanmar, becoming the first Vietnamese firm in the ride-hailing sector to expand its operations to foreign markets, Vietnet reported.
Last month, FastGo signed a memorandum of understanding with Asia Sun Group to launch its ride-hailing app in the country. FastGo plans to introduce its services in big cities in Myanmar in 2019, with 2 million users and 100,000 drivers. In addition, it would continue to invest and call for investment to develop new services in the market.
It would maintain its competitive advantage of no commission for driver partners and not increasing fares during peak hours or adverse weather conditions.