Nadiem Makarim, co-founder of Indonesia’s first startup unicorn Gojek, has resigned as chief executive officer of the ride-hailing giant to take on a cabinet post in the country’s new government. Widodo, commonly known as Jokowi, was sworn in on Sunday and is wasting little time in unveiling his cabinet roster. The Gojek founder, who announced his resignation to reporters on Oct 21, hails from a prominent Indonesian family. It was only in 2014 that the Gojek co-founder decided to introduce a mobile app, with backing from private equity investor Northstar Group. Valued at US$10bil (RM41.84bil), Gojek today has more than 2 million drivers and 400,000 merchants, while its apps have been downloaded more than 155 million times in Southeast Asia.

Source: The Star October 21, 2019 04:41 UTC