Indonesia's Gojek bags US$300m more in funding from Singtel

Indonesia's Gojek bags US$300m more in funding from Singtel Indonesian associate Telkomsel


The Business Times.
The Indonesian network service provider, which is a subsidiary of Telkom Indonesia and Singtel, invested US$150 million in November last year in Gojek.
Both parties said in a joint press statement on Monday (May 10) that the additional investment has the approval and support of Telkomsel's shareholders, including Telkom Indonesia and Singtel group.
Gojek group co-chief executive Andre Soelistyo said the additional investment will strengthen the collaboration between both companies. Together, they hope to accelerate Indonesia's digital transformation.
Telkomsel and Gojek will explore more opportunities to integrate their digital services and continue to work together to grow Indonesia's digital lifestyle sector, they said.

Related Keywords

Indonesia , Singapore , Indonesian , Setyanto Hantoro , Telkomsel Myads , Andre Soelistyo , Singtel , Telkom Indonesia , இந்தோனேசியா , சிங்கப்பூர் , இந்தோனேசிய ,

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