28 Facts About Gojek

PT Gojek Indonesia 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.

Gojek is the first Indonesian unicorn company, as well as the country's first "decacorn" company.

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, Chinese Internet giant Tencent, JD.

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Name Gojek comes from the term “Ojek” or motorbike taxis commonly found throughout Indonesia.

Gojek app was launched in January 2015, and in less than two years, the app racked up nearly 30 million downloads.

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.

Gojek recruited 100 new graduates in engineering domain from India in 2017.

Gojek is valued at about $5 billion as of February 2018, which exceeds the total market cap of all transportation companies in Indonesia Stock Exchange.

In May 2018, it was announced that Gojek is investing $500 million towards its international expansion strategy.

In 2016, Gojek announced acquisition of two engineering startups based in India, C42 Engineering and CodeIgnition, and established a development centre in Bangalore, India.

In June 2019, Gojek acquired AirCTO, an AI recruiting platform based in Bangalore, India.

In March 2020, Gojek confirmed to acquire Moka, the leading SaaS Point of Sales provider in Indonesia.

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.

In February 2021, Gojek was reported to be close to a merger with Tokopedia, shortly before publicly listing in the US and Indonesian stock markets.

On 17 May 2021, Tokopedia and Gojek confirmed a merger with the establishment of a new entity, GoTo.

In December 2019, due to stagnant growth, Gojek announced plan to discontinue most of its lifestyle services operating under its Golife brand.

Gojek operates in many large and medium-size Indonesian cities, and 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".

In February 2019, Gojek Singapore appointed management consultant and mountain climber Lien Choong Luen as the GM of its Singapore operations.

Gojek has an office in Singapore, with data science and engineering capabilities, and Bangalore, India, which was created with the acquisitions of C42 and CodeIgnition, and focuses on product, engineering and design.

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.

In 2019 Gojek 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.

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.

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Gojek announced $500 million investment to expand in South East Asia, starting with ride-hailing service in 4 new countries mid-2018.

Since its inception, Gojek has seen a number of large-scale demonstrations by their drivers.

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.