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Jakarta Post

Business competition watchdog fines Gojek Rp 3.3 billion for late acquisition report

  • Eisya A. Eloksari

    The Jakarta Post

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Jakarta   /   Fri, March 26, 2021   /  04:18 pm
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The iconic green helmet bearing the Gojek logo is seen perched on a motorcycle saddle behind a Gojek driver in this undated photograph.(Shutterstock.com/findracadabra )

The Business Competition Supervisory Commission (KPPU) slapped Southeast Asia's second largest ride-hailing company Gojek with a Rp 3.3 billion (US$228,639) fine on Thursday, March 25, for failing to file a business acquisition report on time. KPPU spokesperson Deswin Nur said in a press statement that PT Aplikasi Karya Anak Bangsa (Gojek) had submitted an overdue notice on Feb. 22, 2019 regarding its business acquisition report for online booking company Loket.com, which it had bought in 2017. “[The fine] has to be paid to the state 30 days at the latest from the date that the KPPU’s ruling becomes final and binding,” Deswin said in the statement. The KPPU noted that Gojek completed the legal acquisition of PT Global Loket Sejahtera (Loket.com) on Aug. 9, 2017. Under the existing regulations, Gojek was obligated to submit its business acquisition report wi...