Welcome!
Gojek
Deals, joint ventures & alliances
Gojek near US$120 million deal for mobile payment startup in Indonesia
SINGAPORE (Dec 11): Indonesia’s ride-hailing giant Gojek is close to acquiring a mobile point-of-sale startup called Moka for at least US$120 million ($163 million), as it aims to become a leading player in the country’s digital payments industry, acc
December 11, 2019
Startups, Entrepreneurs, Digital economy
Dear Alibaba, thank you for the US$10 tril gift
(Dec 2): Has the golden age of asset management finally arrived in Asia? For years, Asia’s hottest unicorns left their homelands to list in New York for one simple reason: a deep pool of US money. And they have been rewarded. From Alibaba Group Holding
November 29, 2019
Geopolitics
Indonesia's Jokowi picks main rival Prabowo, Gojek founder Makarim for Cabinet
(Oct 22): Indonesian President Joko Widodo asked the nation’s opposition leader and the founder of its biggest startup to join a revamped cabinet as he puts the Southeast Asian nation on a path to become a US$7 trillion ($9.5 trillion) economy.
October 22, 2019
Highlight
Indonesia: The giant of Southeast Asia
The republic’s young, 264 million-strong population and burgeoning internet economy make it a behemoth in the region. Yet, it is hampered by a highly complex regulatory landscape and a massive, fragmented domestic market. In the third of our series on S
October 11, 2019
M&A
Grab in talks to merge Indonesian payment firms to overtake Gojek: sources
(Sept 11): SoftBank-backed ride hailer Grab is in talks to merge OVO, an Indonesian digital payments firm in which it owns shares, with an Ant Financial-backed local peer to build heft and power ahead of archrival Gojek, people familiar with the matter s
September 11, 2019
Startups, Entrepreneurs, Digital economy
Grab will invest US$150 million in AI to build regional super app
SINGAPORE (Sept 5): Southeast Asian ride-hailing startup Grab Holdings Inc intends to invest US$150 million ($207.5 million) into artificial intelligence research over the next year, accelerating its expanding business that now includes food delivery, dig
September 05, 2019
Startups, Entrepreneurs, Digital economy
Amazon in talks to invest in Indonesia's Gojek
(Aug 29): Amazon.com Inc is in talks to make an investment in Indonesian ride-hailing giant Gojek, people familiar with the negotiations said, a move that could bolster the US company’s presence in Southeast Asia.
August 29, 2019
Labour market
When sharing becomes uncaring
As companies in the sharing economy turn into behemoths, it is time for regulation to ensure the workers behind their success are protected
July 26, 2019
Disruption and Digitalisation
Visa to invest, collaborate with Gojek on enhancing digital payments across Southeast Asia
SINGAPORE (July 17): Visa has invested in Gojek, the mobile on-demand service and payments platform, as part of the latter’s ongoing Series F fundraising round.
July 17, 2019
Startups, Entrepreneurs, Digital economy
Gojek closes Series F funding led by Google, JD.com and Tencent
SINGAPORE (Feb 1): Gojek announced Friday it has finalised the first closing of its ongoing Series F funding round, led by Google, JD.com and Tencent. Other investors include Mitsubishi Corporation and Provident Capital.
February 01, 2019