trending Market Intelligence /marketintelligence/en/news-insights/trending/NBSTOqMuQJlqPZTRvDRVkQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: Indonesia's Go-Jek close to buying mobile payment startup Moka

CUSIP Identifier Requests for New U.S. Corporate Debt Surge in January

Measuring The Wireline Digital Divide In The US

West Africa Mining By The Numbers

Australian Exploration Budget Trends 2019


Report: Indonesia's Go-Jek close to buying mobile payment startup Moka

Indonesian ride-hailing company PT Go-Jek Indonesia is nearing a deal to acquire mobile payment startup Moka for at least $120 million, Bloomberg News reported Dec. 11, citing people familiar with the matter.

Moka is a point-of-sale application that businesses, including restaurants and retail stores, can use to streamline payments, manage staff, receive customer feedback, as well as track sales and inventory.

Go-Jek held talks with the startup earlier this year but the companies were able to reach an agreement only recently, according to the report.

Go-Jek and Moka did not immediately respond to S&P Global Market Intelligence's requests for comment.

Aside from its core ride-hailing business, Go-Jek offers electronic payment and remittance services through its GoPay business. The company's co-founder and CEO stepped down in October to be part of the Indonesian cabinet.