GetGo (carsharing company)

GetGo is a car sharing service based in Singapore. Launched in 2021, it is currently the largest carsharing company in Singapore in terms of fleet and location size.[1] As of February 2024, it has over 3,000 vehicles across 1,700 locations in Singapore.[2]

GetGo Technologies Pte Ltd
Company typePrivate
IndustryCar rental
Founded2021; 3 years ago (2021)
Headquarters55 Ayer Rajah Crescent, #07-12/26, Singapore 139949
Area served
Singapore
Key people
Toh Ting Feng (Co-Founder, CEO), Johnson Lim (Co-Founder, CMO)
Services
Websitewww.getgo.sg

On February 23, 2023, it announced a fundraising round of SGD $20 million (US$14.9 million) from Treis, a family-backed investment group, for the purpose of growing its fleet of electric vehicles.[3]

History

GetGo was incorporated in August 2020[4] and officially launched in February 2021. GetGo began with an initial fleet of 400 vehicles from Lion City Rentals, a car-rental company formerly owned by Uber.[5] It attracted 14,000 users in its pre-launched registration, and over 20,000 users within its first two months of operation.[6]

As of November 2023, GetGo has a user count of over 300,000 users within Singapore. It also received acceptance into Enterprise Singapore's "Scale-Up" program to plan an overseas expansion.[7]

GetGo CEO and Co-Founder Toh Ting Feng signing a memorandum of understanding with Singapore's SBS Transit.

In February 2024, GetGo announced a partnership with SBS Transit, Singapore's largest public bus company, to place their vehicles near MRT and bus interchanges for last-mile connectivity.[8]

Services

GetGo offers a "point A to A" car-sharing platform that prioritizes a greater ease of use. It is available to licensed Singapore residents over the age of 19 with at least a year of driving experience, or to licensed residents over the age of 25 without driving experience. The service is integrated with Singapore's SingPass MyInfo system for registration and verification.[9]

The GetGo platform is currently mobile exclusive. Bookings, unlocking/locking of vehicles, and support are done through GetGo's Android and iOS apps. Vehicle locations are not centralized, but rather primarily located throughout Singapore's residential communities, such as in public housing carparks. With a point A to A model, vehicles must be returned to where they were originally picked up in.[10]

Unlike traditional car rental or carsharing pricing models, GetGo does not charge any security deposits or membership fees. Their pricing is based on booking duration, vehicle selection, and timing of booking. Costs for refueling/recharging are covered in each booking.[11]

Fleet

GetGo offers a combination of petrol, diesel, and electric vehicles within its fleet. It is currently the largest carsharing fleet in Singapore, with approximately 3000 vehicles across 1600 locations. The company has a goal of 10,000 electrical vehicles within its fleet by 2030.[12]

Current Brands In The GetGo Fleet

References