Telkomsel eyes additional $300m investment in Indonesian ride-hailing giant Gojek

Telkomsel eyes additional $300m investment in Indonesian ride-hailing giant Gojek

Photo: Telkomsel

Telkomsel, a unit of Indonesia’s largest telecom operator Telkom, is eying a $300 million investment in ride-hailing and payments firm Gojek, its president director told Reuters on Thursday.

The move follows a previous $150 million investment by Telkomsel in Gojek in November 2020. “Telkomsel has the option to invest up to $450 million in Gojek within one year from the first investment,” said its president director Setyanto Hantoro.

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