The Pak Banker

'super app' race

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and even book flights.

In Indonesia, Gojek, valued at US$12.5 billion, is another example of a super-app focusing on food and payments, in addition to core transporta­tion. In the United States, Uber and Facebook are also actively exploring ways to become major super-apps of the West.

In China, with its massive urban population and state-driven patterns for creating vertically shaped major corporatio­ns, digital versions of "national champions" emerge as trendsette­rs.

Although "national champions" might not be very effective in terms of internatio­nal competitio­n against more mobile private companies, it seems that super-apps are, for now, widely believed to be the future of the Internet. In effect, it is likely that more companies will eventually join the race, while competitio­n will take place in different businesses and geographie­s.

This week Yandex announced the launch of Yandex Go, which could be Europe's first super-app to combine all key aspects of on

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