Amazon in talks for stake in Indonesia's ride-hailing startup Gojek: Source

Amazon in talks for stake in Indonesia's ride-hailing startup Gojek: Source

A Go-Jek logo is pictured in their office in Singapore
A Go-Jek logo is pictured in their office in Singapore Nov 29, 2018. (Photo: REUTERS/Anshuman Daga/File Photo)

WASHINGTON: Amazon.com is in early talks with Gojek to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday (Aug 28).

Details of the stake were not known and the source did not want to be identified as the talks are private.

Both Amazon and Gojek did not respond to a Reuters request for comment.

READ: Gojek and Grab’s two competing visions are knocking heads in Asia, a commentary

Indonesia's first unicorn, Gojek, has up to 20 services and has evolved from ride-sharing to allowing its customers to make online payments and order everything from food to groceries.

Earlier this year, Amazon also bought a stake in British online food delivery company Deliveroo as it competes with Uber Technologies' Uber Eats in the global race to dominate the market for takeaway meals. 

READ: UK competition watchdog to examine Amazon's Deliveroo investment

Reuters reported in July that Amazon is expanding its transportation prowess to do virtually everything short of building a car.

Gojek, which counts Alphabet, Alibaba Group, Tencent and Visa as investors, last raised funding in July at a valuation of around US$10 billion.

The Wall Street Journal first reported about the discussions between Amazon and Gojek. 

Source: Reuters/nr

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