Astra International Invests US $ 150 Million in GO-JEK

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)