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Jakarta Post

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

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Mon, July 22, 2019   /  09:51 am
The Jakarta Post Image
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 ...