Telkomsel, a unit of Indonesia’s largest telecom operator Telkom, has invested an additional three hundred dollars million in ride-hailing but also payments firm Gojek, the two types of firms said Monday, losing months after the network carrier wrote a $150 million check to the Southeast Asian firm.
The announcement comes amid Gojek working to seal a proposed merger with e-commerce platform Tokopedia. The < a href="https://www.reuters.com/article/tokopedia-ma-gojek-idUSL4N2M22GY"> $18 billion deal would result in a new kinds of entity called GoTo, as stated in media reports. Telkomsel’s funding today likely makes it a person among GoTo’s top eight across the world.
Gojek — which has raised over $3. 45 billion to date produced by high-profile investors including Web, Facebook, PayPal, Visa, and as well as Tencent — and Telkomsel said their strategic cooperation will “open up state of the art synergies as the two manufacturers scale up digital systems and deliver new, imaginative solutions. ”
The two choose have maintained a deal considering that 2018 to subsidize gas mobile data consumed from your ride-hailing firm’s driver girlfriend.
With more than one hundred seventy million subscribers, Telkomsel is the largest telecom operator across Indonesia. In addition to ride-hailing, Gojek has expanded to several some other businesses, including digital transaction and food delivery throughout Indonesia.
The latest news follows a $150 million investment Telkomsel stated in Gojek in November recently. The two firms have as a result of integrated several aspects of most of their services to accelerate digitization of micro, small and brown enterprises and bringing more expensive cost savings for driver associates.
Some of these integrate integration of Telkomsel MyAds with GoBiz, which helps Gojek’s MSME partners for making use of MyAds to efficiently grow their outreach to Telkomsel users, and easy onboarding regarding Gojek MSME partners to be Telkomsel reseller partners through your DigiPOS Aja! Application.
The two firms will co-market gaming services right from Telkomsel’s Dunia Games since GoPay in collaboration having Tencent, providing greater treasure for PUBGM users, they said.
“Telkomsel is without a doubt optimistic that this latest investment property will open more possibilities for society to access excelled digital technology-based innovations launched by homegrown companies, ” acknowledged Telkomsel chief executive Setyanto Hantoro in a statement.