PT Astra International Tbk and GOJEK today announced an agreement to form a joint venture (JV) to encourage the development of a four-wheeled ride hailing business which is expected to help increase the availability of door-to-door online transportation services for the public. On this occasion, Astra also announced its participation in the first phase of GOJEK's F series funding with an investment of US $ 100 million. With this additional investment, Astra's total investment in GOJEK has now reached US $ 250 million.
President Director of PT Astra International Tbk Prijono Sugiarto said, “The formation of a joint venture company and Astra's participation in series F funding shows our trust in GOJEK as well as a tangible manifestation of our exploration of cooperation to create synergies with Astra's automotive business. We hope that this collaboration can help the wider community enter the formal economic sector, so that it can improve people's welfare and have a positive impact on Indonesia's economic growth. This is in line with Astra's aspirations to prosper with the nation. "
Currently, Indonesia is recorded as having the fastest digital economic growth rate in Southeast Asia. With a compound annual growth rate (CAGR) of 49% in the 2015-2018 period, Indonesia's digital economy sector is expected to reach US $ 100 billion in 2025 from US $ 27 billion in 2018. The strategic partnership between Astra and GOJEK is expected can maximize Indonesia's potential to continue to be the leading digital economy pioneer in Southeast Asia.
GOJEK Chief Executive Officer and Founder Nadiem Makarim said, “The potential of the digital economy in Southeast Asia, especially Indonesia, must be maximized by business people by joining forces in each industry. The combination of Astra's strengths in the automotive sector and GOJEK in the technology sector, through this collaboration, is expected to open more opportunities for people to have a source of income, so that they can improve their welfare. "
Launched in January 2015, GOJEK is now one of the leading players in Southeast Asia for the digital and mobile consumption sector . Today, GOJEK has developed into a superapp that forms an ecosystem for easy transactions, connecting millions of consumers with millions of driver partners, merchants and service providers .
Provide Thousands of Fleet Units
The joint venture that has agreed to be formed by Astra and GOJEK is planned to provide thousands of fleet units with a vehicle operational management system supported by Astra FMS (Fleet Management Solution) and ride hailing technology in the GOJEK application, particularly GO-CAR services. This company will give you a chance
to partners to provide online door-to-door transportation services with prime quality to customers while earning a decent income through GO-CAR services.
About PT Astra International Tbk:
PT Astra International Tbk was established in Jakarta in 1957 as a general trading company under the name Astra International Inc. In 1990, the name was changed to PT Astra International Tbk, in the context of the initial public offering of the Company's shares to the public, which was followed by the listing of the Company's shares on the Indonesia Stock Exchange using the ASII trading code.
The Astra Group has developed its business portfolio by applying a business model based on synergy and diversification in seven business segments, consisting of: 1) Automotive, 2) Financial Services, 3) Heavy Equipment, Mining, Construction and Energy, 4) Agribusiness, 5) Infrastructure and Logistics, 6) Information Technology and 7) Property.
The business operations of the Astra Group spread throughout Indonesia are managed through 226 subsidiaries, joint ventures and associated entities, supported by more than 226,000 employees, based on data as of December 2018.
As one of the largest national business groups today, Astra has built a strong reputation by offering a range of quality products and services, with due regard to the implementation of good corporate governance and environmental governance. Astra always aspires to be a national pride company that participates in efforts to improve the welfare of the Indonesian people. Therefore, Astra's business activities strive to apply a balanced mix of commercial business and non-business contributions through the 9 foundations it builds, as well as through various sustainable social responsibility programs in the fields of health, education, environment and the development of small and medium enterprises (UKM). ).
For more information, visit www.astra.co.id & www.satu-indonesia.com.
About GOJEK Group:
The GOJEK Group is a technology-based company providing the leading mobile on-demand and digital payments services in Southeast Asia, born with the belief that technology can improve the quality of life for users in its ecosystem.
GOJEK processed more than US $ 9 billion gross transaction value (GTV) in 2018 in all countries where the company operates, making it the largest consumer technology group in Southeast Asia by GTV.
The GOJEK application was first launched in January 2015 for customers in Indonesia, and since then, it has grown to become the largest mobile on-demand platform in Southeast Asia, offering a wide range of services ranging from transportation and payments to food delivery, logistics and various services. other on-demand . GOJEK Group currently operates in 204 cities and districts in five Southeast Asian countries.
As of December 2018, the GOJEK application and ecosystem has been downloaded by more than 130 million users, with more than 2 million driver partners, nearly 400,000 merchants partners , and more than 60,000 service providers in Southeast Asia, with an annual transaction volume of 2 billion by the end of 2018 .
GOJEK continues to carry out its mission to create positive social impacts on a large scale for users, driver partners, business partners and business partners in its ecosystem. GOJEK founder Nadiem Makarim has just entered the Bloomberg top 50 list of figures deemed successful in making a global impact.
The GOJEK application is available for download via the iOS and Android operating systems.
