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

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

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.

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

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

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

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.

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

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.

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.
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