- Indonesian unicorn startup Go-Jek, is reportedly on verge of closing two investment deals with Indian startups - on-demand food startup Rebel Foods (Commonly known as Faaso's) and e-sports platform Mobile Premier League , said a report by Times of India , citing sources privy to the matter.
- Backed by Singapore's Temasek Holdings, Go-Jek is an on-demand super app that covers everything from ride-hailing, food delivery and payments & financial services, has a large food delivery business called Go-Food, which has more than 3 lakh merchants on its platform and the company intends to take the cloud kitchen expertise of Rebel Foods to the Southeast Asian market.
- The acquisition was aimed at strengthening and upscaling GO-JEK's product development, design and engineering platforms to support the unicorn's burgeoning Indonesia operations.
- GetFocus uses indoor navigation technology that utilizes existing hardware, like WiFi and mobile phones, to accurately locate consumers inside indoor locations such as malls, shops, airports, warehouses etc.
Indonesian Unicorn GO-JEK to Invest in India's Faaso's and Mobile Premier League
29 March 2019 10:48 PM GMT