Go Jek
also invests Β· investor profileUnicorn exit Β· $9.5BAcquiredJakarta, ID Β· 6 known investors
Gojek offers on-demand services in Indonesia, including ride-hailing and delivery, digital payments (top-ups, bill payment, QRIS, transfers), and food and grocery delivery. It also provides tools for businesses to manage daily operations and promotions.
Also known as GO-JEK Β· gojek Β· PT Gojek Indonesia
Founders & leadership
Investors Β· 6
Valuation Β· disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed β follow each entry's link for the claim.
Company profile
researched Aug 2026PT Gojek Indonesia is an Indonesian on-demand multi-service platform and digital payment technology group headquartered in Jakarta. It began in 2009-2010 as a call centre connecting consumers with courier delivery and two-wheeled motorcycle-taxi (ojek) rides, operating with about 20 motorbike drivers. The company launched its mobile application in January 2015 with four services β GoRide, GoSend, GoShop and GoFood β and subsequently expanded into a super app offering more than 20 on-demand services spanning transport and logistics, food and groceries, business solutions and digital payments.
Gojek merged with e-commerce company Tokopedia on 17 May 2021, forming the holding company GoTo (PT GoTo Gojek Tokopedia Tbk), in what was described as the largest merger in Indonesia at the time. Gojek continues to operate as a GoTo subsidiary alongside GoTo Financial and a 25% stake in Tokopedia. The company's own site describes operations in Indonesia and Singapore, roughly 3 million driver-partners and 6.4 million merchants within the GoTo ecosystem; Wikipedia lists an area served of Indonesia, Thailand, Singapore, the Philippines, India and Australia.
Founding story
Gojek was co-founded by Nadiem Makarim, Kevin Aluwi and Michaelangelo Moran. Makarim, who holds degrees from Brown University and Harvard Business School and spent three years at McKinsey & Co., was a frequent ojek user and observed that motorcycle-taxi drivers spent most of their time waiting for customers while customers searched for available rides. He started Gojek from a small call centre with 20 ojek drivers, who later became recruiters, to connect drivers and riders efficiently and raise driver incomes. Co-founder Michaelangelo Moran, a high-school friend of Makarim, served as Brand Director and designed the company's first logo and branding. The name derives from "ojek", the motorbike taxis common throughout Indonesia.
Business model
Gojek runs a multi-sided platform that matches consumers with driver-partners and merchants, providing ride-hailing, courier and logistics, food and grocery delivery, digital payments and business tools for merchants. Merchant-facing products include GoStore, launched in 2020 to help micro, small and medium-sized enterprises set up online stores.
Traction
As of June 2020 Gojek reported about 170 million users across Southeast Asia. Its app reached nearly 30 million downloads within two years of the 2015 launch, and daily orders grew from roughly 3,000 pre-app to 10,000 after launch and up to 300,000 by 2017. Gojek's site reports 3 million driver-partners and 6.4 million merchants within the GoTo ecosystem. At the time of the 2021 merger, the combined GoTo entity had 100 million monthly active users, more than 11 million merchants and over 2 million drivers.
Latest developments
GoTo listed on the Indonesia Stock Exchange on 11 April 2022, raising about $1.1 billion at 338 IDR per share. In December 2023, ByteDance acquired 75% of Tokopedia, leaving GoTo with 25%. In 2024 Gojek received recognition including Consumers' Choice Food Delivery Company at the Bisnis Indonesia Logistics Awards and awards from the Jakarta Transportation Council, and reported that its GoGreener feature enabled the planting of more than 200,000 trees in 2024, absorbing 14,938.48 tCO2e.
βΈFull profile β market position, go-to-market, geography, history, risks & controversies
Market position
Described as Indonesia's first unicorn and first decacorn, and as one of three super-app giants in Southeast Asia alongside Grab and Shopee. A survey cited by Wikipedia found Gojek the most popular ride-hailing app in Indonesia. Gojek was the only Southeast Asian company on Fortune's "50 Companies That Changed the World" list in 2017 (ranked 17th) and 2019 (ranked 11th), with GoTo receiving the same recognition in 2022. Parent GoTo is described as the most valuable startup in Indonesia, contributing about 2% of national GDP.
Go-to-market
Consumers seeking transport, delivery and payment services; motorcycle and vehicle driver-partners; and merchants, including micro, small and medium-sized enterprises, within the GoTo ecosystem.
Geography
Headquartered in Jakarta, Indonesia. Gojek's own site cites operations in Indonesia and Singapore. Wikipedia states it operates in four countries β Indonesia, Singapore, Thailand and the Philippines (the latter through the acquisition of Coins.ph) β and lists an area served that also includes India and Australia.
History
Founded in 2010 (established in Indonesia in 2009 as a call centre) with 20 motorbike drivers, Gojek launched its app in January 2015, which grew orders from about 3,000 to 10,000 per day and drove nearly 30 million downloads within two years. By 2017 it had become Indonesia's first unicorn, with up to 300,000 orders per day, and later the country's first decacorn. It acquired Indian engineering startups C42 Engineering and CodeIgnition in 2016 and recruited 100 engineering graduates from India in 2017. In May 2018 it announced a $500 million international expansion investment. Founder Nadiem Makarim left in 2019 to become Indonesia's Minister of Education, Culture, Research and Technology. On 17 May 2021 Gojek and Tokopedia completed their merger into GoTo, which listed on the Indonesia Stock Exchange in April 2022; in December 2023 ByteDance acquired 75% of Tokopedia, leaving GoTo with 25%.
Risks & controversies
Indonesian regulatory action affected the wider group: in September 2023 the Ministry of Trade issued Regulation No. 31 of 2023 barring social-media permits from being used to operate e-commerce, prompting TikTok to suspend TikTok Shop operations in Indonesia and subsequently leading to ByteDance's acquisition of 75% of Tokopedia. As of October 2023, founder Nadiem Makarim was no longer listed as a shareholder in any GoTo subsidiary, prompting speculation he had sold his stake.
Compiled by commissioned research from 3 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 16
launches, deals, and filingsNamed 'Public's Favorite Online Transportation App' and 'Best Online Transportation App That Supports Public Transport Integration'.
ByteDance, TikTok's parent, acquired 75% of Tokopedia, leaving GoTo with a 25% stake.
The regulation affirmed that a social media permit cannot be used to operate e-commerce, leading TikTok to suspend TikTok Shop operations in Indonesia from October 2023.
GoTo listed on the IDX with a $1.1 billion IPO priced at 338 IDR per share, closing the first day more than 15% higher at 388 IDR.
$1.1B source β
Gojek and Tokopedia completed their merger, establishing holding company PT GoTo Gojek Tokopedia Tbk; the combined entity had 100 million monthly active users, more than 11 million merchants and over 2 million drivers.
Facebook's WhatsApp and PayPal announced investments as part of Gojek's ongoing fundraising round; size and nature were undisclosed but described as 'meaningful'.
GoStore was launched to help micro, small and medium-sized enterprises set up online stores.
Gojek was ranked 11th and was the only Southeast Asian company on the list.
Nadiem Makarim left the company to become Indonesia's Minister of Education, Culture, Research and Technology.
$500M source β
Gojek was included in Fortune's list of companies that changed the world, ranked 17th.
Gojek announced the acquisition of two India-based engineering startups, C42 Engineering and CodeIgnition.
Following rapid growth in early 2015, Gojek attracted additional investments from Sequoia India and Northstar's private equity fund.
Gojek launched its application with GoRide, GoSend, GoShop and GoFood; orders rose from about 3,000 to 10,000 per day.
Gojek secured its first financing round in late 2014 from NSI Ventures, the venture capital fund in the Northstar Group.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 3
primary sources listed
- Go Jekgojek.com Β· web
3 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Go Jek do?
- Indonesian on-demand multi-service super app for ride-hailing, delivery and payments, now a subsidiary of GoTo.
- Who founded Go Jek?
- Go Jek was founded by Kevin Aluwi, Nadiem Makarim.
- Who are Go Jek's investors?
- Go Jek's investors include Allianz X, Gestio Capital, K3 Ventures, Openspace Ventures, Warburg Pincus, Alphabet.
- Where is Go Jek headquartered?
- Go Jek is headquartered in Jakarta, ID.

