TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Go-Jek teams up with Astra, Mitsubishi for 'mobility solutions'
In two separate statements, Go-Jek described its partnership with Astra as a means of consolidating its presence in Indonesia, while with Mitsubishi, which has factories in Indonesia, the Philippines and Thailand, it is strengthening its presence in Southeast Asia.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Diversified conglomerate Astra International president director Prijono Sugiarto (second left) and ride-hailing app giant Go-Jek president and cofounder Andre Soelistyo (second right) sign an agreement in Jakarta recently, as Go-Jek CEO and cofounder Nadiem Makarim (right) and Astra International director Bambang Widjanarko Santoso look on. Astra International and Go-Jek have teamed up to form a car-based ride-hailing joint venture.
(Antara/-)
Homegrown ride-hailing decacorn Go-Jek is expanding its operations by forging partnerships with Astra International and Mitsubishi Motors, respectively the first and second largest automotive companies in the country.
Go-Jek and Astra inaugurated on Thursday their joint venture company Go-Fleet at an auto show in Tangerang, Banten. At the same event, Mitsubishi chairman Osamu Masuko told reporters the automaker would “explore mobility solutions” with the ride-hailing company.
The moves come shortly after Mitsubishi announced on July 8 an investment into Go-Jek at an undisclosed amount, while Astra announced in March an investment of US$250 million. Both sets of funds went to Go-Jek’s Series F funding round.
In two separate statements, Go-Jek described its partnership with Astra as a means of consolidating its presence in Indonesia, while with Mitsubishi, which has factories in Indonesia, the Philippines and Thailand, it is strengthening its presence in Southeast Asia.
Go-Jek cofounder Nadiem Makarim said the joint venture was “a collaboration and combination between two leading homegrown companies that will push Indonesia's digital economy”.
