Heaptalk, Jakarta — PT Telkom Indonesia projects the synergy value with PT GoTo Gojek Tokopedia Tbk to reach US$125 million (around Rp. 2.04 trillion) in 2024.
Previously, the Telkom Group’s investment in this decacorn reached US$104 million (around Rp1.7 trillion) in 2023, higher than the previous value of US$85.9 million, around Rp1.4 trillion. The company is targeting an average growth in synergy value of 20% this year.
According to the President Director of Telkom Indonesia, Ririek Adriansyah, this development is bolstered by strategic collaboration between these corporations. To increase the value of this strategy, the company will continue to implement existing programs, such as the Telkomsel Swasaya Package. Besides, the Telkom Group also plans to synergize with GoTo by integrating My Telkomsel application and GoTo.
“We have conducted several programs with GoTo. From programs for drivers, we will add new programs; for example, perhaps the My Telkomsel application with GoTo can be integrated,” Ririek said.
As information, Telkomsel previously injected fresh funds into PT Aplikasi Karya Anak Bangsa (Gojek) in the form of interest-free convertible bonds amounting to US$150 million, equal to Rp2.22 trillion as of May 17th, 2024. On the other hand, Gojek and PT Tokopedia merged to become PT GoTo Gojek Tokopedia, urging Telkomsel Group to execute GoTo convergence bonds.
The SVP of Corporate Communications and Investor Relations of Telkom Indonesia, Ahmad Reza, delivered that the synergy value of this corporate investment in GoTo reached US$294 million, or around Rp4.8 trillion, in Q1 2024.
