Gojek launches video-streaming service Goplay, Latest Business News - The New Paper

Gojek launches video-streaming service Goplay

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JAKARTA: Indonesian ride-hailing and payments firm Gojek launched a video-streaming service featuring original movies and TV shows yesterday as the firm makes a big push into online content in South-east Asia's largest economy, its entertainment chief said.

"We see that there is a gap where people want to watch high-quality Indonesian content, but where the only choice to see it is to go to the cinema," Gojek Entertainment Group chief executive Edy Sulistyo said.

"With Goplay, we are here to fill the gap and bridge the millions of Indonesian mobile viewers to the Indonesian film industry," he added, referring to the name of the new video-streaming platform.

Having evolved from a ride-hailing service founded in 2010 to providing a one-stop app through which users can make online payments and order food and services, Gojek is now nursing ambitions for a larger share of the South-east Asian market.

The launch of its Indonesian video platform sees the start-up, which is valued at US$10 billion (S$13.8 billion) based on its last round of fund-raising in July, take on US streaming giant Netflix, Malaysian upstart Iflix, and Singaporean firm and Grab partner HOOQ in a fight for eyeballs in the country's fast-growing video-streaming market. - REUTERS