Gojek

What is Gojek (GoTo) and Tokopedia?

What is Gojek? One of the most popular apps in Indonesia is Gojek. If you are not from SEA or Indonesia, you’re probably asking yourself, “What is Gojek?”. At its core, Gojek is an app that is used for food & shopping, payments (fintech), transport & logistics, entertainment and many more Gojek services. Gojek is considered to be Indonesia’s biggest unicorn company that has built an on-demand empire across South East Asia. Share this Image On Your Site

Gojek IPO and Indonesia’s biggest companies

Technology in Indonesia is growing at an incredible pace. Companies like Gojek and Tokopedia are set to merge and form a SPAC (See GOJEK and Tokopedia SPAC) shortly. Whether the merger lists under a Tokopedia IPO or as Gojek IPO (See when is the Gojek IPO) is yet to be seen but it could result in a company with an initial valuation of nearly twenty billion dollars (before an IPO). These two companies take up much of the tech news from Indonesia, there is, however, a much bigger tech scene to tak...

What is an SPAC and how does it impact a Gojek IPO?

Gojek IPO and the SPAC in Jakarta What you need to know: Firstly let me say this; before I got into fintech in Indonesia I had no idea what a SPAC was. I’m still a bit confused about the whole thing but according to Investopedia: A special purpose acquisition company (SPAC) is formed to raise money through an initial public offering to buy another company. Have a look over the Investopedia site for a broader definition as its outside of my scope at the time being. Grab app, a competitor to Gojek...

When will GoJek have an IPO?

Its no secret, I’m a fan of GoJek in Indonesia. I’ve been impatiently waiting to see when the Gojek IPO will occur for years. In 2018 I left my job for an indefinite hiatus and I’m still on it. On my journey, I came across GoJek and it became a lifesaver of sorts. Whisking down dusty backroads on the back of a scooter in a country whose language I couldn’t speak was magical. Getting western food delivered to my hotel, heaven. That just the tip of the iceberg of services offered on GoJek. Even go...