FastGo has continuously launched services in major cities over a short period, in contrast to the operational strategy of Grab and Uber, who only started expanding their business scale after gaining a firm foothold in a given locality.

Earlier, on June 12, the firm made its debut in Hanoi, before expanding to HCMC on August 10. FastGo aims to make an appearance in further localities in the coming period. Apart from the services of FastCar, FastTaxi, FastLuxury and FastBike, the company also plans to launch a postal delivery service, FastPost, and a personal finance service, FastMoney.

At an event to receive funding from VinaCapital Ventures, FastGo announced its business expansion plans, which include introducing its services in eight major cities this year and throughout the country next year. The ride-hailing company aims to serve five to ten million users within the next three years, starting from last month.

The latest data from FastGo reveal that it has recruited over 15,000 driver-partners for its FastCar and FastBike services and has served 50,000 users in HCMC and Hanoi.