Jakarta-owned public transportation enterprise PT JakLingko Indonesia, as the manager of the intermodal payment system, has prepared an integrated tariff for online motorcycle taxis, which will be implemented in mid-August 2022.
Its shares will trade under the stock code GOTO.
Under the Gotong Royong (Mutual Cooperation) Share Program, GoTo is set to distribute the companys shares to eligible drivers in Indonesia.
However, Gojek and Tokopedia, which are technology companies and focus on digital services, have a multiset market, so they do not create market concentration.
PT GoTo Gojek Tokopedia Tbk announced plans to conduct an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX) and set the price for the IPO at IDR 316 to IDR 346 per share
It will expand operations to the Greater Jakarta, after first introduced to the public in 2020.
Electrum, a joint venture of TBS Energi Utama and Gojek, hopes that the use of electric vehicles in the future can become part of the lifestyle of people in the country.
A digital economy expert said the integration of Gojek-owned GoPay and Bank Jago will help the public to access financial services, hence improving financial inclusion in the country.
A Facebook user shared his solution for the motorbike taxi drivers who worked for the double platform.
