Indonesian ride-hailing and payments firm Gojek has acquired a mobile point-of-sale startup Moka, the companies said on Thursday.
Indonesia-based Moka will continue to operate as an independent entity, while integrating with Gojek’s multiple services, including food delivery and online payments, according to a joint statement by both the companies. But it did not provide any financial details of the deal.
Both companies did not also immediately respond to a request for a comment on the same.
Last week, Bloomberg reported that Gojek acquired Moka for about $130 million.
Reuters reported in March that Gojek had closed an additional $1.2 billion of funding, with it’s total funding standing at just under $3 billion.
Source: Reuters.com