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Gojek acquires 4.3% stake in Blue Bird

24 February 2020 11:02

JAKARTA - Gojek has officially acquired a 4.3% stake in PT Blue Bird Indonesia Tbk (BIRD) for US$29.8 million.

The corporate action reinforces the already established partnership between Gojek and Blue Bird, which allows users to book Blue Bird taxis on the Gojek app.

“The increase in collaboration with Blue Bird...allows us to improve our two main services in Indonesia—namely, payment and transportation,” said Gojek co-CEO Andre Soelistyo in an official statement as quoted by DealStreet Asia, Monday (24/2).

Gojek’s ownership in Blue Bird, Mr Soelistyo added, will also enable Blue Bird passengers to pay taxi fares using Gojek’s mobile wallet Gopay. (MS)

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