News Formal

Gojek Investment Extends Cool Japan Fund’s Expansion Into Entertainment

  • 📰 Variety
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Earlier this month, the Cool Japan Fund announced an investment of JPY5.5 billion ($50 million) into Gojek, a large tech startup in Indonesia. Gojek simultaneously confirmed its expansion from ride…

, a large tech startup in Indonesia. Gojek simultaneously confirmed its expansion from ride hailing and food delivery into streaming video.

“[This investment in Gojek] was decided under very strict screening,” said Naoki Kitagawa, a former representative director of Sony Music Entertainment , who became president and CEO of Cool Japan in June last year. Critics say that the public-private funding structure allows for a lack of accountability regarding performance.

Cool Japan has been a regular investor in entertainment, and funding Gojek’s move into media was not Cool Japan’s first investment in streaming.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 108. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

The CEO of Harvard's endowment is 'not pleased' with its 6.5% return in 2019 - Business InsiderThe university's fund is in the midst of an overhaul as its CEO allocates more capital to outside money managers and cuts out legacy investments. Yeah, what a scrub ..
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »