DealStreetAsiaTelkom Indonesia in advanced talks for a stake in Gojek
If successful, mobile operator will join investors including Facebook, PayPal
Telkom Indonesia was set to invest in Gojek in 2018 but the deal fell through after failing to secure the backing of top ministerial figures at the time. © Reuters
CINDY SILVIANA and ARDI WIRDANA, DealStreetAsia
August 26, 2020 13:02 JST
JAKARTA -- Indonesian mobile operator Telkomsel, a subsidiary of state-owned telecommunications company Telkom Indonesia, is in advanced talks to inject significant capital into local ride-hailing decacorn Gojek, according to three people familiar with the development.