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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.

Norman Harsono (The Jakarta Post)
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Jakarta
Mon, July 22, 2019

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Go-Jek teams up with Astra, Mitsubishi for 'mobility solutions' 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”.

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