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Telkomsel extends partnership with Gojek and invests US$150M

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Jakarta-headquartered ride-hailing giant Gojek announced it has successfully raised US$150 million from Telkomsel in a press statement dated November 17, 2020. Telkomsel is one of Indonesia’s leading network provider and a subsidiary of Telkom Indonesia and Singtel.

Gojek and Telkomsel already has a strategic multi-year  partnership that that provided a vehicle for Telkomsel to offer affordable data packages to gojek driver-partners since 2018.

The Indonesia home-grown ride hailing startup received funding from Facebook and PayPal in its last round of funding about 6 months ago.

This deal is also part of Telkomsel’s journey to strengthen its three digital pillars: digital connectivity, digital platform and digital services.

“By working together, we hope to help Indonesia become a true digital powerhouse in Southeast Asia and bring the benefits of the digital economy to millions more consumers, driver-partners and small businesses,” said gojek co-CEO Andre Soelistyo.

Telkomsel President Director, Setyanto Hantoro, commented: “We believe that working with gojek and its extensive ecosystem will accelerate Telkomsel’s growth as a digital telco and our efforts to build an inclusive and sustainable digital ecosystem, which is particularly crucial amid the pandemic and beyond. This spirit of collaboration will continue to be our guiding force as we seek to bring the benefits of digital technology in every aspect of life, to all levels of Indonesian society.”

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