Gojek
Company type | Subsidiary |
---|---|
Industry | |
Founded | 5 October 2010 |
Founders |
|
Headquarters | Jakarta, Indonesia |
Area served |
|
Key people |
|
Number of employees | 3,000 (2019) |
Parent | GoTo (2021–present) |
Website | gojek |
PT Gojek Indonesia (stylized in all lower case and stylized j as goȷek, formerly styled as GO-JEK) is an Indonesian on-demand multi-service platform and digital payment technology group based in Jakarta. Gojek was first established in Indonesia in 2009 as a call center to connect consumers to courier delivery and two-wheeled ride-hailing services. Gojek launched its application in 2015 with only four services: GoRide, GoSend, GoShop, and GoFood. Valued at US$10 billion today, Gojek has transformed into a super app, providing more than 20 services.[2][3]
Gojek operates in 5 countries: Indonesia, Vietnam, Singapore, Thailand, and the Philippines (through the acquisition of Coins.ph).[4][5][6][7][8] Gojek is the first Indonesian unicorn company[9] as well as the country's first "decacorn" company.[10] It is the only company in Southeast Asia that is included in Fortune's "50 Companies That Changed the World" in 2017 and 2019, ranked at 17 and 11, respectively.[11] As of June 2020, it has about 170 million users throughout Southeast Asia.[12]
On 17 May 2021, Gojek and Tokopedia announced the completion of their merger and established a new holding company, called GoTo.[13][14]
Gojek has won financial backing from investors including Astra International, Blibli, Google, Facebook, PayPal, Mitsubishi, Sequoia, Northstar Group, Temasek Holdings, KKR, Warburg Pincus, Visa, Parallon, Siam Commercial Bank, Tencent, JD.com, meituan.com, and Capital Group, among others.[15]
History
[edit]The name Gojek comes from the term “Ojek” or motorbike taxis[16] commonly found throughout Indonesia. It was founded in 2010 with 20 motorbike drivers.[17] Gojek app was launched in January 2015,[18] and in less than two years, the app racked up nearly 30 million downloads.[19] Gojek has partnered with Singapore's biggest bank DBS.[20]
Gojek was co-founded by Nadiem Makarim and Michaelangelo Moran. Nadiem, a native Indonesian, holds degrees from Brown University and Harvard Business School. He worked at McKinsey and Co. consulting for three years[21] before starting Gojek from a tiny call centre with only 20 ojek drivers, who later became recruiters.[22] As a loyal ojek user, Nadiem discovered that ojek drivers spend most of their times waiting for customers, while customers waste time walking around looking for an available ojek. Gojek was built to solve this problem, by providing a platform where drivers and riders can connect efficiently and allowing those drivers to improve their income.[23] The other co-founder and long time high school friend, Michaelangelo Moran, aside from serving as the company's Brand Director, is also known for designing the company's first iconic logo and branding the whole company.
As of May 2018, the app offers 18 services,[24] with 2 upcoming new services in the online content business,[25][26] which makes for a total of 20 on-demand services under one platform. Being an Indonesian-run startup played to Gojek's advantage in navigating the local regulatory environment, as well as understanding the local market. This enabled them to bundle features into its app that better suit both local drivers and local consumers.[27] Gojek recruited 100 new graduates in engineering domain from India in 2017.[28]
In 2020, the company launched GoStore, a solution that helps local micro, small, and medium-sized enterprises (MSMEs) set up online stores with ease.[29][30]
Financing
[edit]Gojek's journey in becoming a unicorn startup started in late-2014 when it secured its first financing round from NSI Ventures (now Openspace Ventures), the venture capital fund in the Northstar Group.[31] Due to rapid growth in early 2015, Gojek attracted additional investments from Sequoia India[32] and Northstar's private equity fund.[33]
After closing a round of funding in August 2016 that raised up to $550 million,[34] two of Indonesia's biggest companies, Astra International,[35] and Blibli.com, invested in Gojek.[36] International investors include tech giants such as American firm Google[37] and Chinese Tencent,[38] along with the global investment company Temasek.[39] A survey revealed Gojek as the most popular ride-hailing app in Indonesia.[40] The company is valued at about $5 billion as of February 2018,[41] which exceeds the total market cap of all transportation companies in Indonesia Stock Exchange (IDX).[42]
In May 2018, it was announced that Gojek is investing $500 million towards its international expansion strategy.[43] In January 2019, the startup closed another round of financing for $2 billion. The total valuation of the company reached $9.5 billion.[44]
In March 2020, Gojek announced it has received $1.2 Billion in funding for its Series F round. The valuation it was seeking for was U$10 Billion USD.[45]
In June 2020, Facebook's messaging platform WhatsApp and PayPal announced they had invested in Gojek as part of the ongoing fundraising round. The size and nature of the investments were not disclosed, but they were described as "meaningful".[46][47]
Acquisitions and merger
[edit]The company's rapid growth triggered a chain of acquisitions and partnerships. In 2016, Gojek announced acquisition of two engineering startups based in India, C42 Engineering and CodeIgnition,[48] and established a development centre in Bangalore, India.[49] They also acquired Leftshift, an Indian mobile application developer,[50] and Pianta, an Indian home healthcare startup.[51]
In 2017, Gojek acquired Loket.com, one of Indonesia's biggest online ticket booking and event management system company.[52] In the same year, it acquired three large network fintech firm in Indonesia; Kartuku, Midtrans, and Mapan, in order to expand its payments business.[53][54]
In January 2019, Gojek acquired a majority stake in mobile wallet Coins.ph.[55] Gojek later sold its stake in Coins.ph in 2022 to former Binance chief financial officer Wei Zhou for $200 million.[56]
In June 2019, Gojek acquired AirCTO, an AI recruiting platform based in Bangalore, India.[57]
In March 2020, Gojek confirmed to acquire Moka, the leading SaaS Point of Sales provider in Indonesia. The talks had been in discussion since 2019 and finalized in March 2020.[58]
In December 2020, Gojek was reportedly in talks with Grab to combine their businesses in what would be the biggest Internet merger in southeast Asia.[59]
In February 2021, Gojek was reported to be close to a merger with Tokopedia, shortly before publicly listing in the U.S. and Indonesian stock markets.[60]
On 17 May 2021, Tokopedia and Gojek confirmed a merger with the establishment of a new entity, GoTo.[61] The establishment of GoTo would make it one of Southeast Asia's largest technology conglomerates.[62] GoTo's gross transaction volume (GTV) was over $22 billion in 2020, across more than 1.8 billion transactions.
In July 2021, AirAsia announced that the company will be acquiring Gojek's business in Thailand via an all-stock deal.[63] Upon the acquisition, Gojek will hold a 4.76% stake in AirAsia's superapp business.[64]
Partnerships
[edit]In 2016, it announced a collaboration with Blue Bird, a major Indonesian taxi company.[65] The same year it launched Go-Car, expanding ride-hailing from motorbike fleet to cars, and launched Go-Auto, providing on-demand mechanic services. By August 2016, it had become Indonesia's first online transportation system.[34]
In running their GPS, it partnered with Google Maps.[66] Other partnerships include entertainment; Google Play and MNC Vision. Bill Payment; AEON Credit Service & Suzuki Finance Indonesia. And the national electricity provider PLN, as well as the national health insurance BPJS Kesehatan.[67]
In February 2019, Garuda Indonesia CEO Ari Ashkara told Reuters that Garuda is in advanced discussions with Gojek for the delivery of products sold on Gojek across 17,000 Indonesian Islands.[68]
In August 2019, the Wall Street Journal reported that Gojek had held "preliminary talks" with Amazon on a partnership that would involve the retail giant making a sizable investment in Gojek to tap into the company's delivery infrastructure in order to expand Amazon's market reach in Indonesia.[69]
In September 2020, Gojek announced a partnership with Unilever. As part of this collaboration, Gojek partners with Unilever through the recently launched GoToko. GoToko is a B2B digital platform that connects micro, small and medium enterprises (MSMEs) in Indonesia with leading consumer goods companies. This cooperation allows MSME players to use GoToko to access a complete range of daily necessities products from various brands, including Unilever, at competitive prices and affordable shipping costs.[70]
Impact
[edit]A research study reports that the average income of full-time driver partners (Rp 3.48 million per month) is 1.25 times higher than the average minimum wage in Indonesia (Rp 2.8 million per month). The average income of driver partners (Rp 3.31 million) is higher than professional employees in general (Rp 3.10 million for transportation sector employees; Rp 2.34 million for industrial sector employees; Rp 2.66 million for staff employees).[71]
As per Temasek Digital's YouTube channel, Gojek has contributed an estimated Rp 9.9 trillion (US$732 million) annually to the Indonesian economy.[72]
Another research article reported that Gojek contributed Rp 8.2 trillion annually into the Indonesian economy through the income of driver partners, an additional Rp 138.6 billion per month are contributed into national economy since SME merchant partners join Go-Food, and Rp 1.7 trillion into Indonesian economy through the income of SME merchant partners.[73][74]
Rebranding
[edit]On 22 July 2019, Gojek unveiled a new logo. Its new icon, which nicknamed as "Solv", symbolized Gojek's transformation from being a ride-hailing service to become a super app that provides a variety of smart ways to eliminate hassles.[75]
Anak Bangsa Bisa Foundation
[edit]Yayasan Anak Bangsa Bisa (YABB)/ Anak Bangsa Bisa Foundation is a non-profit organization founded by Gojek to advance equal opportunities and help build more sustainable livelihoods for those who rely on daily income. Established in March 2020 during the onset of COVID-19 pandemic, the initial funding of the foundation was from 25% of annual salary of Gojek senior management team and the budgeted salary increases for all Gojek employees in 2020.[76]
Shutdown of services
[edit]In December 2019, due to stagnant growth, Gojek announced plan to discontinue most of its lifestyle services operating under its Golife brand. GoLaundry and GoDaily services discontinued on 31 December 2019, while GoFix, GoGlam and Service Marketplace services discontinued by mid-January 2020. Gojek still retained GoClean and GoMassage by that time where 90% of lifestyle services order come from.[77] Due to effect of the COVID-19 pandemic on its business, Gojek further discontinued all of its lifestyle services that was still left, namely GoClean and GoMassage, on 27 July 2020. Gojek also discontinued GoFood Festival around the same time period.[78][79]
Gojek centres
[edit]Gojek operates in many large and medium-size Indonesian cities,[80] and also in rural areas within Indonesia;
Gojek launched its ride-hailing service in Singapore on 10 January 2019 as part of "an enhancement of its beta phase". Its president, Andre Soelistyo, said that it is committed to "bringing choice back to the ride-hailing market in Singapore".[81] In February 2019, Gojek Singapore appointed management consultant and mountain climber Lien Choong Luen as the GM of its Singapore operations.
International
[edit]Gojek has an office in Singapore, with data science and engineering capabilities,[82] and Bangalore, India, which was created with the acquisitions of C42 and CodeIgnition, and focuses on product, engineering and design.[83]
In May 2018, Gojek announced investing $500 million in its international expansion strategy to Vietnam, Thailand, Singapore and the Philippines, starting with ride-hailing, then further replicating the multiple-service business model in Indonesia.[84] These companies will be run by local founding teams, with Gojek providing technological support and expertise.[28][85]
Products
[edit]- Go-Pay is Indonesia's fourth biggest e-wallet service, behind the country's largest lenders; Bank Mandiri’s e-Money, Bank Central Asia’s Flazz, and telecom firm Telkomsel’s T-Cash.[86] In October 2017 Go-Pay transactions constituted 30 percent of overall e-money transactions in Indonesia. In the same year, the service was awarded the most proactive Fintech company to support the National Cashless Movement by the capital bank.[87] In May 2017, the service acquired a license from the central bank to use QR Code scans for payments.[88]
- GoRide, the first online motorcycle taxi service in Indonesia.[89] As of May 2018, Gojek has more than 1,000,000 fleets.[90]
- Go-Car, a ride-hailing service for cars.
- Go-Blue Bird enables customers to request Blue Bird taxis in the app. Unlike fixed fare that Go-Car charges, it is a metered taxi service.
- GoFood, an instant food delivery service with more than 250,000 merchants[91] all over Indonesia.
- Go-Food Festival is an offline food-court chain concept from Go-Food, which sells food and beverage from Go-Food merchants. It has opened in major cities in Indonesia such as Surabaya, Makassar, and Palembang and with more than 15 stores across the country, has become the most well networked food-court chain concept in Indonesia.
- Go-Mart offers app-based grocery shopping at supermarket listed in the Gojek app.
- Go-Shop, similar to Go-Mart, it allows customers to purchase goods from shops that are not listed in Go-Mart.
- Go-Send is an on-demand courier service to send items and documents with no limits on distance within one delivery zone.
- Go-Box is similar to Go-Send, for moving large items using pickup trucks, single-axle trucks, and single-axle box trucks.
- Go-Tix is an app-based entertainment ticket selling service.
- Go-Med, an app-based medicine delivery service, partnering with HaloDoc on its “Apotik Antar” feature.[92]
- Go-Massage enables customers to request a personal masseuse.
- Go-Clean, an app-based professional house cleaning service.
- Go-Glam, an app-based personal hairstylist, nail care, waxing and facial service.
- Go-Auto, an app-based auto care for maintenance, including car washing, as well as emergency repair.
- Go-Pulsa, an app-based phone credit top-up service. Go-Pulsa can only be paid by Go-Pay.
- Go-Bills is a service to pay PLN electricity bills, purchase PLN electricity tokens, and pay BPJS insurance premiums.
- Go-Points is a loyalty program from Gojek. Users receive a token for each transaction and can redeem with rewards through the app.
- Go-Play & Go-Studio: The company announced plans to venture into online content business with Go-Play[93] as a video streaming provider, and Go-Studio[94] as their production house. GoPlay officially launch their service in September 2019.[95]
- Go-Pertamina – an on-demand fuel-delivery service in partnership with Indonesia's oil major Pertamina, brings fuel to users from the nearest Pertamina gas station.[96]
- Go-Nearby a directory service connecting Go-Food merchant with Go-Jek's customers.
- GoRide and GoCar Protect+: The company announced a plan to add new services which offers better security to the users.[97]
Awards and recognition
[edit]Gojek ranks number 17 in Fortune's 2017 list of "56 Companies that Changed the World,"[98] making it the only company from South East Asia to make the list.[99] In 2019 Gojek once again made it to Fortune's Top 50 Companies That Changed The World, and was the only Southeast Asian company to have been included twice in the list – leaping to number 11 out of 52 global companies.[100] Other international recognition includes Top Performer in ASEAN Award 2017,[101] Entrepreneur of The Year award from Ernst & Young,[102] and Superior Products and Services Awards 2016.[103]
National recognition includes The BrandZ Top 15 Most Valuable Indonesian Brands 2019,[104] Top 3 Brand Performer and Top 3 Most Powerful Transportation/Logistic brands,[105] Top 3 Netizen Choice in Online Transportation,[106] The Best Indonesia Mobile App 2015,[107] Best Startup Category Work Life Balance,[108] Indonesia's Most Admired CEO 2017,[109] and Most Creative in Solving Economic Challenges 2017.[110]
Sponsorships
[edit]Gojek sponsored the Liga 1 from 2017 to 2018 (in 2017 with Traveloka).[111] Gojek also sponsored Persib Bandung from 2019.[112] Gojek is also one of the local sponsors of the 2023 FIBA Basketball World Cup, which was co-hosted by Indonesia.[113]
Work culture
[edit]Employees
[edit]Gojek has more than 3,000 employees, including 210 engineers in its three Jakarta-based headquarters, a data science office in Singapore, and an engineering facility in India.[114] The company announced $500 million investment to expand in South East Asia, starting with ride-hailing service in 4 new countries mid-2018.[115] This expansion will add to their number of existing partners, which as of May 2018 includes a fleet of over 1,000,000 drivers, 125,000 merchants for Go-FOOD, and 30,000 professionals for their Go-MASSAGE, Go-GLAM, Go-CLEAN and Go-AUTO service.
Due to the pandemic, Gojek had to lay off 430 employees in June 2020.[116]
Workplace
[edit]The Gojek headquarters in Jakarta revamped an old mall into a modern working space with a cinema, a playroom with arcade games and pool tables, as well as office cafes and nap rooms.[117][118][119]
Criticism and controversy
[edit]Gojek's rapid growth and market dominance in Indonesia have led to prominent media coverage, including criticism primarily stemming from conventional taxi and Ojek services.[120][121][122] Go-Jek was briefly banned from operations by the Ministry of Transportation, along with other ride-hailing services.[123] The ban was opposed by a huge number of Indonesians, mustering public support with the hashtag #SaveGojek that became a top trending topic on Twitter in Indonesia.[124] The ban was lifted the very same day[125] after President Joko Widodo criticized it, stating the government should not prohibit innovation and asserting the ban would adversely affect the lives of many Indonesians who rely on Gojek's services.[126] In October 2018, the Indonesian Minister of Transportation, Budi Karya Sumadi, applied a new rule for online taxis. PM 108 replaced the previous PM 26, regulating the use of private cars being used for public transportation.[127]
In March 2018, only weeks after the firm raised a new round of capital,[128] thousands of drivers showed up on foot along the road across the Presidential palace in a demonstration against the tariff, which was roughly 1600 rupiah (15 cents) per kilometer then.[129] The demand was continued in a future protest in January 2020, where the drivers demanded action from the Ministry of Transportation who had promised to evaluate the tariffs that were set by these firms. Drivers felt that these tariffs should be handled on a provincial level as each provincial government has the autonomy to set its own minimum wages.[130] One of the earliest demonstrations by Gojek drivers was back in 2015 when they protested in front of Gojek's first headquarter in Kemang, Jakarta, insisting that they meet Nadiem Makarim, co-founder and then-CEO, demanding for transparency in the incentive scheme. Drivers felt it was unfair that their pay was slashed for an inventory deposit they were not aware of such as the Gojek driver jacket that was initially lent to them on a rental mechanism but was eventually being billed to them.[131]
Since its inception, Gojek has seen a number of large-scale demonstrations by its drivers. In June 2021, just a few days before the official merger of Gojek and Tokopedia, Gojek drivers announced that they were going on a three-day strike due to a change in GoKilat's (Gojek's courier service vertical) incentive scheme, resulting in significantly reduced tariff for the drivers.[132] As part of the resistance, the drivers planned not to accept any GoKilat orders in Greater Jakarta and Bandung.[133][134] A protest happened again in August 2024, the drivers in their demonstration demanded humane working conditions, decent wages, and recognition of legal status. They demanded the government and online transportation companies legalize the status of the driver profession in the law. In addition, they also demanded that the application company lower the cut of their earnings. They went on strike on 29 August by making their services unavailable the whole day, and stormed Gojek, Grab, and the Ministry of Communication and Information offices. Gojek responded by ensuring that the public can still use their application services despite the demonstration by drivers on Thursday. It is also open to listening to the aspirations of the company's partners. However, Gojek did not provide an explanation regarding the income formula for the drivers.[135][136]
Slogans
[edit]- An Ojek For Every Need (2010–2019)
- #HidupTanpaBatas (2017–2019, English: Life Without Limit)
- Pasti Ada Jalan (2019–present, English: There Is Always A Way)
See also
[edit]References
[edit]- ^ "Nomor Telepon Kantor Call Center GO-JEK 24 Jam - Jadoelnews.com". Archived from the original on 10 November 2021.
- ^ "Tentang Kami | Gojek". www.gojek.com. Retrieved 27 August 2019.
- ^ Pillai, Sharanya (2 February 2019). "Gojek raises over US$1 billion as ride-hailing giants beef up their portfolios". The Business Times. Retrieved 2 February 2019.
- ^ "Indonesia's Go-Jek enters Singapore market, challenges Grab". The Jakarta Post. Retrieved 29 November 2018.
- ^ Sulaiman, Stefanno Reinard (12 September 2018). "Go-Jek kicks off maiden operation in Vietnam". The Jakarta Post. Retrieved 12 September 2018.
- ^ "Ride-hailing firm Go-Jek to enter Singapore, other Southeast Asian markets in next few months". Channel NewsAsia. Archived from the original on 24 May 2018. Retrieved 25 May 2018.
- ^ Tan, Christopher (29 November 2018). "Gojek launches ride-hailing app for eastern part of Singapore". The Straits Times. Retrieved 29 November 2018.
- ^ Russell, Jon (18 January 2019). "Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion". TechCrunch. Retrieved 27 August 2019.
- ^ Saiidi, Uptin (24 April 2017). "A ride on Indonesia's first and only 'unicorn'". CNBC. Retrieved 25 May 2018.
- ^ "Go-Jek becomes Indonesia's first decacorn". The Jakarta Post. Retrieved 5 April 2019.
- ^ "Gojek once again in Fortune's top-20 list of companies changing the world". The Jakarta Post. Retrieved 27 August 2019.
- ^ "Facebook, PayPal Invest in Gojek". Jakarta Globe. Retrieved 4 June 2020.
- ^ https://www.tokopedia.com/discovery/goto [dead link ]
- ^ Archived at Ghostarchive and the Wayback Machine: "GoTo – Go Far, Go Together (Kolaborasi Gojek & Tokopedia)". YouTube.
- ^ Williams, Ann. "Go-Jek says will enter Singapore, Vietnam, Thailand, Philippines in next few months". The Business Times. Retrieved 25 May 2018.
- ^ "Go-Jek eyes expansion in Southeast Asia. Here's where they could ride next". asiancorrespondent.com. Archived from the original on 28 March 2019. Retrieved 25 May 2018.
- ^ Yuniar, Resty Woro (22 October 2017). "Go-Jek: from 20 bikes to US$2.5b – and an e-money revolution". South China Morning Post. Retrieved 25 May 2018.
- ^ Danubrata, Eveline. "Indonesian ride-hailing app Go-Jek raises over $550 million from..." U.S. Jakarta: Reuters. Retrieved 25 May 2018.
- ^ "jumlah uduhan Gojek". 28 November 2021.
- ^ Davis, Jason (24 April 2018). "Understanding the rise of Go-Jek". TODAYonline. Retrieved 25 May 2018.
- ^ "The Taxi Wars of Jakarta – Alumni – Harvard Business School". www.alumni.hbs.edu. September 2016. Retrieved 25 May 2018.
- ^ Cosseboom, Leighton (27 August 2015). "Connecting Asia's startup ecosystem". Tech in Asia. Retrieved 25 May 2018.
- ^ "GO-JEK Makes it Into Fortune's Change The World List, The Only Company from Southeast Asia on the List". AsiaOne. Retrieved 25 May 2018.
- ^ Saputra, Jane Haezer (13 February 2018). "Transforming Unicorn: redesigning GO-JEK rider app". GO-JEK Design #BehindTheScreens. Retrieved 25 May 2018.
- ^ Tani, Shotaro (26 April 2018). "Go-Jek to start providing content". Nikkei Asian Review. Retrieved 25 May 2018.
- ^ Eka, Randi (4 May 2018). "Go-Jek Enters Content Business, Soon to Launch Go-Play | Dailysocial". dailysocial.id. Retrieved 25 May 2018.
- ^ Wailes, Nick (24 November 2016). "The limits of Silicon Valley: how Indonesia's GoJek is beating Uber". The Conversation. Retrieved 25 May 2018.
- ^ a b Choudhury, Saheli Roy (23 May 2018). "Indonesia's ride-hailing firm Go-Jek to invest $500 million in four new markets". CNBC. Retrieved 25 May 2018.
- ^ "Gojek launches GoStore to help SMEs set up online stores". thepaypers.com. Retrieved 17 December 2020.
- ^ Lee, Alfred (9 December 2020). "Indonesia's Gojek launches platform for small businesses to sell online, GoStore". Startup News, Networking, and Resources | BEAMSTART. Retrieved 17 December 2020.
- ^ Russell, Jon (26 April 2018). "Early Go-Jek investor NSI Ventures goes independent and rebrands to Openspace". TechCrunch. Retrieved 30 January 2020.
- ^ Cosseboom, Leighton (15 October 2015). "Tech in Asia – Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 30 January 2020.
- ^ "Go-Jek: opening the throttle in Indonesia". Financial Times. 22 December 2015. Retrieved 30 January 2020.
- ^ a b Russell, Jon (4 August 2016). "Indonesia's Go-Jek raises $550 million to battle Uber and Grab – TechCrunch". techcrunch.com. Retrieved 25 May 2018.
- ^ "Astra Invests US$150 Million in Gojek". Retrieved 25 May 2018.
- ^ Ayuwuragil, Kustin. "Djarum Akui Ikut Suntik Dana ke Gojek". teknologi. Jakarta: CNN Indonesia. Retrieved 25 May 2018.
- ^ Daga, Anshuman. "Google confirms investment in Indonesian ride-hailing firm Go-Jek". U.S. Singapore: Reuters. Retrieved 25 May 2018.
- ^ Russell, Jon (4 May 2017). "Indonesia's Uber rival Go-Jek raises $1.2 billion led by Tencent at a $3 billion valuation – TechCrunch". techcrunch.com. Retrieved 25 May 2018.
- ^ "Google and Singapore's Temasek are said to be investing in a ride-hailing unicorn". CNBC. Reuters. 18 January 2018. Retrieved 25 May 2018.
- ^ "Go-Jek most popular ride-hailing app: Survey". The Jakarta Post. Retrieved 25 May 2018.
- ^ Daga, Anshuman (26 February 2018). "Go-Jek Raises $1.5b as Ride-Hailing Market Heats Up: Sources". Jakarta Globe. Retrieved 25 May 2018.
- ^ Karimuddin, Amir (7 March 2018). "Go-Jek is Open for Listing Possibility in Indonesia Stock Exchange | Dailysocial". dailysocial.id. Retrieved 25 May 2018.
- ^ Venkat, P. R.; Purnell, Newley (24 May 2018). "Hot on the Wheels of Grab, Go-Jek Rides Further Into Southeast Asia". Wall Street Journal. ISSN 0099-9660. Retrieved 25 May 2018.
- ^ Russell, Jon (25 January 2019). "Go-Jek makes first close of $2 billion round at $9.5 billion valuation". TechCrunch. Retrieved 25 January 2019.
- ^ "Indonesia's Gojek closed $1.2 billion funding last week: internal memo". Reuters. 17 March 2020. Retrieved 19 March 2020.
- ^ Phillips, Rob (3 June 2020). "WhatsApp and PayPal invest in Indonesian super app Gojek". Platform Executive. Retrieved 3 June 2020.
- ^ Chanthadavong, Aimee (3 June 2020). "Facebook and PayPal back Indonesian digital payment company Gojek". ZDNet. Retrieved 17 September 2020.
- ^ Abudheen, Sainul (19 February 2016). "Go-Jek buys two Indian startups C42 Engineering, CodeIgnition". e27. Retrieved 25 May 2018.
- ^ Chanchani, Madhav (19 February 2016). "Go-Jek to set up development centre in India with acquisition of C42 Engineering, CodeIgnition". The Economic Times. Retrieved 25 May 2018.
- ^ Mishra, Aparna (8 November 2016). "Indonesian Bike-Taxi Startup Go-Jek Acquires Pune Based Mobile App Developer Leftshift". Inc42 Media. Retrieved 28 May 2018.
- ^ "Indonesia's Go-Jek acquires Pianta, a Bangalore-based healthcare startup – Firstpost". www.firstpost.com. 28 September 2016. Retrieved 25 May 2018.
- ^ "Indonesia's Go-Jek Takes on Ticketing – eMarketer". www.emarketer.com. Retrieved 25 May 2018.
- ^ Lee, Yoolim (15 December 2017). "Go-Jek Acquires Three Companies to Dominate Payment in Indonesia". Bloomberg.com. Retrieved 25 May 2018.
- ^ Russell, Jon (15 December 2017). "Go-Jek buys three startups to advance its mobile payment business – TechCrunch". techcrunch.com. Retrieved 25 May 2018.
- ^ Dumlao-Abadilla, Doris (19 January 2019). "Indonesia's Gojek invests in Coins.ph". Philippine Daily Inquirer. Retrieved 18 June 2021.
- ^ Pratama, Aditya Hadi (4 April 2022). "Gojek sells Coins.ph to ex-Binance CFO for almost $200m". techinasia.com. Retrieved 4 September 2022.
- ^ Abrar, Peerzada (12 June 2019). "Indonesia's Go-Jek acquires Indian AI recruitment start-up AirCTO". Business Standard India. Retrieved 13 June 2019.
- ^ Lee, Yoolim (23 April 2020). "Gojek Acquires Payments Startup Moka for $130 Million". Bloomberg.com. Retrieved 15 May 2022.
- ^ "Grab, Gojek close in on terms for merger". The Straits Times. 2 December 2020. Retrieved 7 December 2020.
- ^ Lee, Yoolim; Baigorri, Manuel (10 February 2021). "Gojek Nears Tokopedia Merger Ahead of Public Listing". Bloomberg.com. Retrieved 15 May 2022.
- ^ Pertiwi, Wahyunanda Kusuma (17 May 2021). Nistanto, Reska K. (ed.). "Gojek dan Tokopedia Kompak Umumkan Resmi Merger di YouTube". KOMPAS.com (in Indonesian). Kompas Cyber Media. Retrieved 17 May 2021.
- ^ Lee, Alfred (17 May 2021). "Gojek and Tokopedia confirm merger with new entity: GoTo Group". Entrepreneurship News, Community, and Resources | BEAMSTART. Retrieved 18 May 2021.
- ^ Adrian, Carl (7 July 2021). "AirAsia is buying over Gojek's business in Thailand". Entrepreneurship News, Community, and Resources | BEAMSTART. Retrieved 7 July 2021.
- ^ Lee, Liz; Setboonsarng, Chayut; Daga, Anshuman (7 July 2021). "Malaysia's AirAsia to buy Gojek's Thai business for $50 million in shares". reuters.com. Retrieved 4 September 2022.
- ^ Agung, Bintoro. "Go-Blue Bird, Bentuk Kemesraan Baru Gojek dan Blue Bird". teknologi (in Indonesian). Jakarta: CNN Indonesia. Retrieved 25 May 2018.
- ^ Russell, Jon (9 August 2016). "Google Maps adds rides with Uber rivals Grab and Go-Jek in Southeast Asia – TechCrunch". techcrunch.com. Retrieved 25 May 2018.
- ^ Andreas, Damianus. "BPJS Siapkan Jaminan Kesehatan bagi Pengemudi Go-Jek – Tirto.ID". tirto.id (in Indonesian). Retrieved 25 May 2018.
- ^ "Go-Jek in partnership talks with Garuda". techninasia.com. Retrieved 11 February 2019.
- ^ Purnell, Newley; Steinberg, Julie; Emont, Jon (28 August 2019). "WSJ News Exclusive | Amazon Holds Talks With Indonesian Ride-Hailing Startup Gojek". Wall Street Journal. Retrieved 29 August 2019.
- ^ "Gojek announces partnership with Unilever | IDNFinancials".
- ^ "Indonesia – Survei Angkatan Kerja Nasional 2016 Semester 1 – Gambaran". microdata.bps.go.id. Retrieved 25 May 2018.
- ^ "Driving the informal economy with GO-JEK". YouTube. Retrieved 29 August 2018.
- ^ "RINGKASAN HASIL SURVEI DAMPAK GO-JEK TERHADAP PEREKONOMIAN INDONESIA" (PDF). ldfebui.org (in Indonesian). Archived from the original (PDF) on 26 May 2018. Retrieved 31 December 2018.
- ^ Bosnia, Tito. "Kontribusi Go-Jek Terhadap Ekonomi Indonesia Capai Rp 8,2 T". market (in Indonesian). Jakarta: CNBC Indonesia. Retrieved 25 May 2018.
- ^ "Ini Alasan Gojek Ganti Logo". CNBC Indonesia (in Indonesian). 23 July 2019. Retrieved 17 December 2022.
- ^ Samboh, Esther (24 March 2020). "Gojek bosses give up 25% of annual salary for drivers, partners as COVID-19 deals blow". The Jakarta Post. Retrieved 4 June 2020.
- ^ Yu, Doris (17 December 2019). "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 9 March 2021.
- ^ "Gojek to shut GoLife, lay off 430 employees as pandemic puts brakes on super app | Coconuts Jakarta". Coconuts. 24 June 2020. Retrieved 9 March 2021.
- ^ Eka, Randi (24 June 2020). "Gojek Closes Down GoLife and GoFood Festival, 430 Employees are Getting Laid Off | Dailysocial". dailysocial.id. Retrieved 9 March 2021.
- ^ Pratama, Aditya Hadi (13 August 2016). "Tech in Asia – Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 25 May 2018.
- ^ "Go-Jek opens up service to all Singapore consumers". Disruptive Tech Asia. 14 January 2019. Retrieved 2 February 2019.
- ^ Abdullah, Zhaki (19 June 2017). "Go-Jek rides into Singapore with data science office". The Straits Times. Retrieved 25 May 2018.
- ^ "Indonesian Unicorn GO JEK Has A Swanky R&D Office In The Heart Of Bangalore – OfficeChai". officechai.com. 3 March 2017. Retrieved 25 May 2018.
- ^ Lee, Yoolim (24 May 2018). "Uber's Exit Prompts Go-Jek to Finally Expand Beyond Indonesia". Bloomberg.com. Retrieved 25 May 2018.
- ^ Tan, Lynette (14 February 2019). "Gojek appoints consultant Lien Choong Luen as Singapore general manager". The Business Times. Retrieved 8 March 2019.
- ^ Yuniar, Resty Woro (22 October 2017). "Go-Jek: from 20 bikes to US$2.5b – and an e-money revolution". South China Morning Post. Retrieved 30 May 2018.
- ^ Hidayat, Ali Akhmad Noor (18 July 2017). "Layanan Go-Pay dari GO-JEK Terima Penghargaan Bank Indonesia". Tempo (in Indonesian). Retrieved 30 May 2018.
- ^ "Go-Jek Reactivates its QR Code Payment System". Tempo. Retrieved 30 May 2018.
- ^ Cosseboom, Leighton (30 June 2015). "Tech in Asia – Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 30 May 2018.
- ^ "How GO-JEK manages 1 million drivers with 12 engineers (Part 1)". GO-JEK Product + Tech. 24 May 2018. Archived from the original on 3 July 2018. Retrieved 30 May 2018.
- ^ Setyowati, Desy (24 February 2018). Aria, Pingit (ed.). "Go-Jek: Transaksi Mitra Go-Food Rata-Rata Naik 2,5 Kali Lipat". Katadata News (in Indonesian). Retrieved 30 May 2018.
- ^ Setyanti, Elfa Putri (11 April 2016). "Tech in Asia Indonesia – Komunitas Online Startup di Asia". id.techinasia.com (in Indonesian). Retrieved 30 May 2018.
- ^ Tani, Shotaro (26 April 2018). "Go-Jek to start providing content". Nikkei Asian Review. Retrieved 30 May 2018.
- ^ Ellis, Jack (27 April 2018). "Tech in Asia – Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 30 May 2018.
- ^ Singh, Manish (26 September 2019). "Indonesia's ride-hailing giant Gojek launches video streaming service GoPlay content". TechCrunch. Retrieved 3 October 2019.
- ^ "Go-Jek launches fuel delivery service". 17 October 2018.
- ^ Yati, Rahmi (15 September 2021). Pradana, Rio Sandy (ed.). "Gojek Punya Layanan baru, Mitra Driver Dapat Tambahan". Bisnis.com (in Indonesian). Retrieved 24 September 2021.
- ^ "Fortune's Companies that Changed the World".
- ^ PR Newswire. "GO-JEK Makes it Into Fortune's Change The World List, The Only Company from Southeast Asia on the List | Markets Insider". markets.businessinsider.com. Jakarta: finanzen net GmbH. Retrieved 12 March 2020.
- ^ "Gojek once again in Fortune's top-20 list of companies changing the world". The Jakarta Post. Retrieved 12 March 2020.
- ^ Hanggi, Hendartyo (8 September 2017). "ASEAN Marketing Summit Announces Top 10 Indonesian Brands". Tempo. Retrieved 25 May 2018.
- ^ Hidayah, Fauziah Nurul, ed. (16 November 2017). "Go-Jek Dianugerahi EY Indonesia Entrepreneur Of The Year 2017". Warta Ekonomi. Retrieved 25 May 2018.
- ^ "5 products and services that wowed us in 2016". Nikkei Asian Review. Retrieved 25 May 2018.
- ^ "BrandZ™ Top 50 Most Valuable Indonesian Brands Increase 4% in Overall Brand Value to $84 Billion as Technology-enabled". Bloomberg. 22 August 2019. Retrieved 21 June 2020.
- ^ Nugraha, Budi (8 September 2017). "Garuda Indonesia Raih Penghargaan Top 10 Most Powerful Brand in Indonesia". Suara Merdeka (in Indonesian). Retrieved 25 May 2018.
- ^ Fadil, Vicky, ed. (19 May 2017). "Inilah Perusahaan Peraih Indonesia Most Admired Companies Award 2017". Warta Ekonomi. Retrieved 25 May 2018.
- ^ Utomo, Riandanu (14 June 2015). "ICS 2015 Ditutup dengan Acara Penghargaan ICS Award 2015". medcom.id (in Indonesian). Retrieved 21 June 2020.
- ^ Yudhianto. "Kerja di Startup Paling Enak Ternyata Bukan di Go-Jek". detikinet (in Indonesian). Jakarta: detikcom. Retrieved 25 May 2018.
- ^ Nurfakihiswara, Iman (6 February 2018). Rahayu, Ratih (ed.). "Indonesia Most Admired CEO 2017". Warta Ekonomi. Retrieved 25 May 2018.
- ^ "Gojek - Company Profile | Indonesia-based SuperApp". StartupTalky. 20 May 2021.
- ^ Darmawan, Rizky (23 July 2022). "3 Perusahaan yang Pernah Jadi Sponsor Liga 1 Indonesia". Sindonews.com (in Indonesian). p. 2.
- ^ Snaz, Erwin (11 May 2019). "Persib Didukung 18 Sponsor untuk Mengarungi Shopee Liga 1 2019". bola.com (in Indonesian). Retrieved 21 June 2020.
- ^ "Gojek dan FIBA mau bagi-bagi buanyak hadiah buat kamu yang ngaku anak basket banget!". Instagram. Gojek. 11 August 2023.
- ^ McIntyre, Kylee (10 January 2018). "Want to become a Go-Jek Engineer? Here's how". e27. Retrieved 25 May 2018.
- ^ "In aggressive expansion, Go-Jek to enter Singapore, Thailand, Vietnam and Philippine markets". TODAYonline. Retrieved 25 May 2018.
- ^ Eloksari, Eisya (24 June 2020). "Gojek lays off 430 employees amid pandemic impact". The Jakarta Post.
- ^ Muttaqin, Amirul, ed. (21 May 2018). "Intip Kantor Gojek yang Kasual, Tersedia Ruang Bermain hingga Bioskop! - TribunStyle.com". TribunStyle.com (in Indonesian). Retrieved 25 May 2018.
- ^ Hidayah, Ridwan. "Intip Kantor Go-Jek yang Keren Serta Pendapat Nadiem Mengenai Karyawannya". Technologue. Retrieved 25 May 2018.
- ^ Rochimawati; Puspitasari, Rintan (4 August 2017). "Intip Uniknya Kantor Gojek – VIVA" (in Indonesian). PT. VIVA MEDIA BARU - VIVA. Retrieved 25 May 2018.
- ^ Freischlad, Nadine (14 March 2016). "Tech in Asia – Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 25 May 2018.
- ^ Purnama, Rayhand. "Dishub Jabar Resmi Larang Transportasi Online Beroperasi". teknologi (in Indonesian). Jakarta: CNN Indonesia. Retrieved 25 May 2018.
- ^ Anugrah, Arbi. "Dilarang Bupati, Ojek Online di Banyumas akan Ditertibkan". detiknews. Banyumas: detikcom. Retrieved 25 May 2018.
- ^ "Transport Ministry bans ride-hailing apps". The Jakarta Post. Retrieved 25 May 2018.
- ^ "Transportation Ministry bans Go-Jek and other app-based transport services, outraged netizens start #SaveGojek | Coconuts Jakarta". coconuts.co. Retrieved 25 May 2018.
- ^ "Go-Jek praises Jokowi for withdrawing ban". The Jakarta Post. Retrieved 25 May 2018.
- ^ ""Gojek Should not be Banned," Presiden Joko Widodo Says". Retrieved 29 August 2018.
- ^ Fauzi, Achmad (27 October 2017). Ika, Aprillia (ed.). "Kemenhub Terbitkan Peraturan Taksi Online yang Baru, Apa Isinya? - Kompas.com". KOMPAS.com (in Indonesian). Jakarta: Kompas Cyber Media. Retrieved 25 May 2018.
- ^ Massola, James (31 March 2018). "15 cents per km: Indonesian gig-economy drivers fed up with low wages". The Sydney Morning Herald. Retrieved 24 November 2021.
- ^ "Grab agrees to increase drivers' income". The Jakarta Post. Retrieved 24 November 2021.
- ^ Budiansyah, Arif. "Ribuan Driver Ojol Demo di Monas Hari Ini, Begini Tuntutannya". CNBC Indonesia (in Indonesian). Retrieved 24 November 2021.
- ^ Hantoro, Juli (16 November 2015). "Pengemudi Go-Jek Demo Tuntut Upah dan Transparansi". Tempo. Retrieved 24 November 2021.
- ^ Novianto, Arif (24 August 2021). "No Union Is a Problem". Notes From Below. Retrieved 24 November 2021.
- ^ "Gojek couriers go on strike". The Finery Report. 8 June 2021. Retrieved 24 November 2021.
- ^ Florene, Ursula (8 June 2021). "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 24 November 2021.
- ^ Media, Kompas Cyber (30 August 2024). "Respons Pemerintah, Gojek, Grab, dan Maxim soal Upah Layak Ojol dan Kurir". KOMPAS.com (in Indonesian). Retrieved 30 August 2024.
- ^ Sandria, Feri. "Driver Ojol Demo, Gojek & Grab Dapat Segini dari Transaksi di Aplikasi". CNBC Indonesia (in Indonesian). Retrieved 30 August 2024.
External links
[edit]- GoTo Indonesia
- Online retailers of Indonesia
- Companies based in Jakarta
- Online food ordering
- Location-based software
- Transport companies established in 2009
- Indonesian companies established in 2009
- Transport companies of Indonesia
- Indonesian brands
- Ridesharing companies
- Softbank portfolio companies
- Software companies established in 2009
- Warburg Pincus companies
- Super-apps
- 2021 mergers and acquisitions
- Kohlberg Kravis Roberts companies