Announced
Completed
Financials
Sources
Tags
Single Bidder
Private
Completed
Minority
Friendly
Payments / Commerce
Indonesia
digital payment
on-demand service provider
Domestic
Acquisition
Synopsis
Telkomsel, an Indonesian telecom network, completed the investment in Gojek, an Indonesian on-demand multi-service platform and digital payment technology group, in a $150m deal. “This is a great day for Gojek and for Indonesia, as we strengthen our collaboration with Telkomsel, one of Indonesia’s most forward-looking telecommunication companies. By working together, we hope to help Indonesia become a true digital powerhouse in Southeast Asia, and bring the benefits of the digital economy to millions more consumers, driver-partners and small businesses,” Andre Soelistyo, Gojek Co-Chief Executive.
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