The corporate-backed ride hailing platform, currently valued at $5bn, has met with Indonesia Stock Exchange's CEO to discuss an initial public offering.
Go-Jek, an Indonesia-based on-demand ride platform backed by corporates Rakuten, Google, Tencent, Meituan-Dianping, Blibli, JD.com and Astra International, is exploring a flotation on the Indonesia Stock Exchange (IDX), Reuters reported today.
Although a timeline and a target size for the initial public offering have not been decided, Go-Jek president Andre Soelistyo said he has met with IDX chief executive Tito Sulistyo to discuss a flotation.
Founded in 2010, Go-Jek started as an on-demand ride-hailing platform but has since expanded into related…
