If the retailer giant is up for it, Amazon will officially strengthen its presence in Southeast Asia

A recent report by Bloomberg said that Amazon.com Inc. is interested in investing in Indonesian ride-hailing giant gojek.

Internal sources of the reports said that negotiations are currently taking place and it will be a move that confirms the US e-commerce giant’s stronger presence in Southeast Asia.

Potentially, the source said, Amazon would join gojek’s ongoing funding round.

The first time Amazon entered Southeast Asia was in 2017 via Singapore with Amazon Prime Now, but Amazon has yet to have a presence in the ever-growing Indonesia.

Alibaba, on the other hand, has backed Indonesian e-commerce unicorns Tokopedia and Bukalapak (through Ant Financial) to mark its entrance and presence in the country.

Also Read: Malaysian youth minister to bring gojek into his country

After a recent rebranding, gojek has established its brand as a part ride-sharing service, part food-delivery business, and part digital-wallet provider with other on-demand services such as booking a cleaner and masseuse.

Now, the company founded by Nadiem Makarim is valued at US$10 billion, and for its ongoing Series F round has raised investments from Visa Inc., Thailand’s Siam Commercial Bank Plc, Mitsubishi Motors Corp., Mitsubishi Corp. and Mitsubishi UFJ Lease & Finance Co. this year.

Recently, gojek just got a green light from Indonesia’s neighbouring country Malaysia, to commence motorcycle hailing operations, something that was previously banned in the country. The move follows gojek’s success of expanding into Thailand and Vietnam.

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Image Credit: gojek

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