Investments in GOJEK by Facebook, PayPal, Google and Tencent
Davis Polk is advising PT Aplikasi Karya Anak Bangsa (“GOJEK”) in connection with the investments by Facebook, PayPal, Google, Tencent and other investors, focused on supporting GOJEK’s payments and financial services business, GoPay.
Launched in January 2015 and headquartered in Jakarta, Indonesia, GOJEK is Southeast Asia’s leading technology group and a pioneer of the integrated Super App and ecosystem model, providing access to a wide range of services from transportation and digital payments, to food delivery, logistics and many other on-demand services. GoPay is focused on increasing access to the digital economy among micro, small and medium enterprises.
The Davis Polk corporate team includes partner Miranda So, counsel Sam Kelso and associates Xi Shi and Mendtuvshin (Mendee) Enkhtaivan. All members of the Davis Polk team are based in the Hong Kong office.