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Telkomsel invests an additional $300 million in Gojek
source link: https://fintechranking.com/2021/05/10/telkomsel-invests-an-additional-300-million-in-gojek/
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Telkomsel invests an additional $300 million in Gojek
Telkomsel, a unit of Indonesia’s largest telecom operator Telkom, has invested an additional $300 million in ride-hailing and payments firm Gojek, the two firms said Monday, just months after the network provider 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 $18 billion deal would result in a new entity called GoTo, according to media reports. Telkomsel’s investment today likely makes it one of GoTo’s top eight investors.
Reda more: TechCrunch
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