Astra International Invests US $ 150 Million in GO-JEK

By : Abraham Sihombing And Aldo Bella Putra | Monday, February 12 2018 - 20:00 IWST

Prijono Sugiarto, Presiden Direktur ASII (Foto Dok Industry.co.id)
Prijono Sugiarto, Presiden Direktur ASII (Foto Dok Industry.co.id)

INDUSTRY.co.id - Jakarta - PT Astra International Tbk (ASII), Indonesia's largest distributor of cars and motorcycles, has invested US $ 150 million (approximately Rp2 trillion) in GO-JEK, Indonesia's largest provider of on-demand application-based services.

Merging Astra's automotive expertise and extensive GO-JEK range to consumers will encourage both companies to explore opportunities for cooperation to boost productivity, encourage people to enter the formal economy sector and support innovative products and services to create new markets. All of them are aimed at boosting Indonesia's economic growth.

"We are excited to be part of the incredible GO-JEK journey. GO-JEK is a major player in Indonesia's digital economy and is led by the nation's solid management of the nation. Astra hopes that the collaboration with GO-JEK will add value to Astra's business and accelerate Astra's digital initiative," said Prijono Sugiarto, President Director of ASII, in Jakarta on Monday (12/02/2018).

Prijono said it is proud to support GO-JEK which has a social mission to improve the welfare of Indonesian society. This is in line with Astra's commitment to support the development of micro, small and medium enterprises in Indonesia.

"Technology plays an important role in achieving that goal and we are confident in the digital transforming power of companies like GO-JEK," Prijono said.

Meanwhile, Nadiem Makarim, CEO and Founder of GO-JEK, said this cooperation signifies significant achievement of GO-JEK. The belief shown by one of the leading companies in Indonesia is a form of recognition for the success of the GO-JEK strategy.

"Astra and GO-JEK were established with the mission of advancing Indonesia through community empowerment. We are very grateful for the support provided by Astra. Both companies are equally believing that through collaboration, we can live together to accelerate economic development and improve the livelihood of millions of people of this nation," said Nadiem.

As Andre Sulistiyo, President and Co-Founder of GO-JEK revealed that as one of the most diversified business groups in Indonesia, Astra in the future will provide much support along with the acceleration of GO-JEK innovation.

"We are confident that GO-JEK will benefit from Astra's operational knowledge and expertise, as well as synergies in our two organizations," said Andre. (Abraham Sihombing)

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…