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Gojek acquires mobile payments startup Moka for US$130 mil in Indonesia

Bloomberg
Bloomberg4/23/2020 11:51 AM GMT+08  • 2 min read
Gojek acquires mobile payments startup Moka for US$130 mil in Indonesia
The transaction, which has been under negotiations since last year, was completed about a month ago, said the people, who asked not to be named because the information is private. It hasn’t been announced publicly.
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(Apr 23): Indonesia’s ride-hailing and food-delivery giant Gojek has acquired a mobile point-of-sale startup called Moka for about US$130 million (S$185.6 million), according to people familiar with the deal.

The transaction, which has been under negotiations since last year, was completed about a month ago, said the people, who asked not to be named because the information is private. It hasn’t been announced publicly.

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