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Gojek has been in the news way too many times in the recent past.
The company essentially started out in the year 2015 providing a ride-hailing service for motorbike taxis, a mode of transport very well liked for moving about capital city Jakarta’s super choked traffic laden streets, but it has since developed within itself four-wheeled transportation, on-demand services and payments.
Apart from all the ride business, the Gojek enterprise has under its wing, tie ups with 125,000 merchants with over 100 million transactions processed on its platform per month.
The company is very close to raising over $1.2 billion in new funding, which will consist of money from Chinese companies JD.com and Tencent.
There are too many stakes involved for a limited market.
According to the CEO of Go-Jek , Nadiem Makarim, the have plans that ensure that retail can be covered using Go-Pay even in the Offline mode apart from the online mode.
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