Indonesia's Gojek in talks to spin off video streaming unit

Photo by Afif Kusuma on Unsplash

Indonesia’s Gojek is spinning off its video streaming service GoPlay and has secured capital from Southeast Asia-based investors for the unit, multiple people aware of the development told DealStreetAsia.

GoPlay has bagged about $15 million from venture capital (VC) firms including Openspace Ventures, Golden Gate Ventures, Ideosource Ventures and ZWC Partners, said three industry sources.

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