Announced
Completed
Financials
Sources
Tags
Private
Friendly
Single Bidder
Acquisition
Completed
Venture Capital
Indonesia
Entertainment
Private Equity
on-demand video
Minority
Synopsis
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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