Indonesian telecom network Telkomsel invests $150 million in Gojek

Telkomsel, Indonesia’s biggest telecom network, has invested $150 million in ride-hailing firm Gojek,  TechCrunch reports.

As part of the “strategic partnership,” the two firms said they will explore a “broad range of collaboration opportunities” to reach millions of Indonesians. Since 2018, Gojek and Telkomsel have maintained a deal to subsidize the cost of mobile data consumed by the ride-hailing firm’s driver partners.

Read more: TechCrunch