Gojek and Garuda Indonesia to Launch Inter-City Logistics

Gojek and Garuda Indonesia is finalizing their partnership for logistics solution. To Reuters, Garuda's CEO, Ari Ashkara said the team are expecting an agreement in the next few months.

In this scheme, consumers will be able to use Gojek's app to send package across cities in Indonesia using Garuda's baggage. It'll make the inter-island delivery faster where Indonesia's logistics still pursuing, through over 17 thousand islands. In addition, Lion Air as the competitor has started the initiative, involving marketplace platform, with Lion Parcel.

Gojek has just obtained the first part of Series F funding, it is said to drive the valuation to $ 9 billion (over 120 trillion rupiah). Garuda, as a public company, based on today's shares closing, has "only" 12.74 trillion rupiah market capitalization.

Logistics is a very captivating market in the current e-commerce era, considering Indonesia is an archipelago within 5000 km reach. When PT Pos Indonesia struggling in maintaining its business and market, more and more new technology-based logistics companies emerged.

– Original article is in Indonesian, translated by Kristin Siagian