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Gojek secures US$150 million investment from Telkomsel (Channel News Asia)

Gojek has secured a US$150 million investment from network service provider Telkomsel, as part of a partnership to grow Indonesia’s mobile first market and accelerate digital transformation. 

The collaboration marks an expansion of Gojek and Telkomsel's multi-year partnership that has offered affordable data packages to Gojek driver-partners since 2018, the companies said in a joint release on Tuesday (Nov 17).

The latest investment will open up a broad range of collaboration opportunities "designed to capitalise on the combined scale of both businesses to reach millions of Indonesians throughout the archipelago", said both companies.

Users of both platforms can look forward to multiple initiatives such as new product offerings and cost savings, as well as collaborative efforts to grow Indonesia's digital lifestyle sector and increase the advertising technology solutions available to all merchants.

Both companies will also work together to implement professional training programmes for Telkomsel employees and share best practices in an effort to boost Indonesia's technology talent pool.

Gojek co-chief executive officer Andre Soelistyo said such collaborations are crucial for “supercharging the digital economy” to accelerate development.

To read the rest of the article, please use this link: https://www.channelnewsasia.com/news/business/gojek-secures-us-150-million-investment-from-telkomsel-indonesia-13577142


By Channel News Asia | November 20th, 2020

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