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M&A Deal Summary

GO-JEK Acquires MVCommerce

On October 25, 2016, GO-JEK acquired internet software and services company MVCommerce

Acquisition Highlights
  • This is GO-JEK’s 2nd transaction in the Internet Software and Services sector.
  • This is GO-JEK’s 1st transaction in Indonesia.

M&A Deal Summary
Date 2016-10-25
Target MVCommerce
Sector Internet Software and Services
Buyer(s) GO-JEK
Deal Type Add-on Acquisition

Target

MVCommerce

South Jakarta, Indonesia
PonselPay is a developer of e-payment platform that offers bank transfers and mobile payment services for businesses.

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Buyer(S) 1

Buyer

GO-JEK

Jakarta, Indonesia
Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

GO-JEK is a mobile application-based platform in Indonesia that provides a range of services such as ride-hailing, food delivery, lifestyle services, and mobile payments. GO-JEK was founded in 2010 and is based in Jakarta, Indonesia.

DEAL STATS #
Overall 4 of 10
Sector: Internet Software and Services M&A 2 of 7
Type: Add-on Acquisition M&A Deals 4 of 10
Country: Indonesia M&A 1 of 5
Year: 2016 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-27 Pianta

Bangalore, India

Pianta is an online marketplace that allows users to find and book appointments with health care providers for nursing and physiotherapy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-08 LeftShift Technologies Pvt.

Pune, India

LeftShift Technologies Pvt. Ltd. is a mobile application development company. LeftShift Technologies Pvt. Ltd. was established in 2007 and is headquartered in Pune, India.

Buy -
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