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WeWork shock 'positive' for startup community, says Gojek co-CEO

Growth-at-all-costs strategies replaced with plans for sustainability and profitability

Gojek Co-CEO Andre Soelistyo speaks to the Nikkei Asian Review in Singapore on Jan. 16. (Photo by Ken Kobayashi)

SINGAPORE -- For the co-CEO of Indonesia's so-called "super app" Gojek, the shock surrounding WeWork and its failed IPO late last year -- which has led to talks of a "tech winter" -- will require a change in strategy, but ultimately is a positive for the startup community as it levels the playing field for all.

"If you ask what the impact on the whole market was ... I would like to say it is much more on the positive side," Andre Soelistyo said, speaking at the Nikkei Forum "Innovative Asia" in Singapore on Jan. 16.

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