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.
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”.
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