RECRUIT : Hotel Booking Website, 'PegiPegi' Launched in Indonesia:
...: TOKYO, May 07, 2012 (BUSINESS WIRE) -- RECRUIT CO., LTD. (h...
Monday, 7 May 2012
TOKYO, May 07, 2012 (BUSINESS WIRE) --
RECRUIT CO., LTD.
(headquarters:Chiyoda-ku)(headquarters:Tokyo)(president and ceo:Masumi
Minegishi) has licensed system technologies to PT. Go Online
Destinations (headquarters:Jakarta)(headquarters:Republic of
Indonesia)(ceo:Davy Makimian), an operator of hotel booking websites inIndonesia, launching the grand opening of 'PegiPegi' (
http://www.pegipegi.com ), a domestic hotel booking website withinIndonesia.
Further, through its subsidiary, Recruit Global Incubation Partners
Co., Ltd., RECRUIT entered an agreement to contribute capital to PT. Go
Online Destinations, along with PT. Alternative Media Group
(headquarters:Jakarta)(headquarters:Republic of Indonesia)(ceo:Davy
Makimian)(ceo:hereafter "AMG") and PT. ALTAVINDO
(headquarters:Jakarta)(headquarters:Republic of Indonesia)(ceo:Kevin
Yaphon Sanjoto).
1. Overview of 'PegiPegi' 'PegiPegi' is a website operated
by PT. Go Online Destinations where users can make online hotel
reservations within Indonesia. RECRUIT licensed system technologies
to PT. Go Online Destinations and plans to contribute capital to the
company through its subsidiary, Recruit Global Incubation Partners Co.,
Ltd. Along with future joint shareholders AMG, which operates a digital
signage business in Indonesia and PT. ALTAVINDO, which provides payment
settlement services, RECRUIT aims to establish the largest hotel booking
website in Indonesia, leveraging its strengths in attracting customers,
systems and sales.
2. Background behind the launch of 'PegiPegi,' and the investment in
PT. Go Online Destinations Indonesia has the fourth largest
population in the world (240 million people), boasts the highest GDP of
the ASEAN countries, and continues to show stable economic growth every
year of the magnitude of around 6% even today. Moreover, with the
expected rise in the number of Internet users in the future and
expansion of the domestic travel market, RECRUIT has a high degree of
know-how in the online travel reservation business, and is committed to
launching this venture after seeing its high potential for growth.
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