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Announced

Completed

ZWC Partners and Golden Gate Ventures led a funding round for GoPlay.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Tags

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Private

Friendly

Single Bidder

Acquisition

Completed

Venture Capital

Indonesia

Entertainment

Private Equity

on-demand video

Minority

Synopsis

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ZWC Partners and Golden Gate Ventures led a funding round for GoPlay, Gojek’s on-demand video platform, along with Openspace Ventures, Ideosource Entertainment and Redbadge Pacific. Financial terms were not disclosed. "GoPlay was launched to meet the fast growing needs of Indonesia’s entertainment industry. Indonesia’s local pool of content creators need more avenues to showcase their talent, while our growing pool of mobile consumers want access to more local content at their fingertips. There is huge potential here that is not being addressed by commercial movie theatres, and we are working hard to close the gap between supply and demand," Edy Sulistyo, GoPlay CEO.

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