The company first started with a fleet of 20 motorcycle taxis and eventually launched its app in Indonesia in 2015, offering motorbike ride-hailing, courier, and personal shopping. Gojek was founded in 2010 as a call centre to optimise the service of motorcycle taxis in Indonesia, also known as ojeks.
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Should there be any corporate action, we will definitely inform the public accordingly." Meanwhile, Tokopedia's VP of corporate communications Nuraini Razak said: "Unfortunately, there is nothing we can share at this moment. Gojek declined to comment on MARKETING-INTERACTIVE's queries. Meanwhile, Tokopedia's CEO William Tanuwijaya will head the eCommerce arm, Bloomberg said. Gojek's co-CEO will continue to lead the ride-hailing unit. Tokopedia's president Patrick Cao will retain his title at GoTo, while Soelistyo will reportedly head DKAB. The new entity will allegedly have three business units - Gojek, Tokopedia, and payments and financial services known as Dompet Karya Anak Bangsa (DKAB). Following the merger, Gojek's shareholders will control 58% of the new holding company while Tokopedia's owners have the rest, Bloomberg said. We still have a long way to go to achieve our goals, but today is about starting that journey together.After months of speculation, Gojek is reportedly merging with Indonesian eCommerce platform Tokopedia to form GoTo and Gojek's co-CEO Andre Soelistyo will lead the new entity, Bloomberg reported quoting its sources. In addition to accelerating the growth of Indonesia’s digital economy, GoTo Group will make it easier for people from all walks of life to access quality products and services, anytime and anywhere. Our goal has always been to build a company that creates social impact at scale, levelling the playing field for small businesses and giving consumers equal access to goods and services across the country. Tokopedia’s Co-founder and CEO William Tanuwijaya said, “The establishment of GoTo Group proves that you can believe in an ‘Indonesian dream’ and make it a reality. Inspired, filled w gratitude, excited about future #GoToĮxisting investors - including Alibaba Group, Astra International, BlackRock, Capital Group, DST, Facebook and PayPal, Google, JD.com, KKR, Northstar, Pacific Century Group, Provident, Sequoia Capital India, SoftBank Vision Fund 1, Telkomsel, Temasek, Tencent, Visa and Warburg Pincus - backed the merger, the two firms said. “The companies will continue to thrive and coexist as stand-alone brands within the strengthened ecosystem,” they said on Monday.Ī historic day for Indonesian Internet: the union of its two largest Internet companies got insanely lucky to partner w both for 6+ yrs The friendship of Gojek and Tokopedia founders may have helped close this deal. The two companies first began working together in 2015 to accelerate e-commerce deliveries using Gojek’s local network of drivers. The companies, which have together raised about $8.2 billion over the years (according to research firm Tracxn), didn’t comment on the final valuation Monday nor did they disclose any other financial terms of the deal. During their talks, the proposed valuation of GoTo was $18 billion.
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![what is tokopedia what is tokopedia](https://www.mainmain.id/uploads/post/2020/05/09/Fikop_Kopi_Seliter_(3)1.jpg)
Gojek and Tokopedia began talking earlier this year and last month moved to seek approval from their respective investors.
![what is tokopedia what is tokopedia](https://coconuts.co/wp-content/uploads/2019/10/Tokopedia-X-BTS.jpg)
Tokopedia, meanwhile, was in talks late last year to pursue a public listing this year. The deal, which has been in the works for several months, comes after Gojek spent several quarters exploring a merger with Grab. An ecosystem that encompasses 2% of Indonesia’s GDP.Over 100 million monthly active users (MAU).Over 11 million merchant partners as of December 2020.
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