GoJek was founded in 2010 by Nadiem Makarim, Kevin Aluwi, and Michaelangelo Moran. In an article by the Business Times China from October 2019, Co-CEO and President Andre Soelistyo stated that there is no set date for the company’s IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
GoJek is based in Jakarta, Indonesia and develops mobile applications offering rideshare and courier services. The company has raised over $5 billion in Venture Capital funding from investors including DG Ventures, French Partners, Golden Gate Ventures, Allianz X, C Ventures, DST Global, Hera Capital, Vanedge Capital, and Sequoia Capital. It has been widely reported that GoJek last raised $1 billion in March 2020 at a post-money valuation of $9.5 billion.