SINGAPORE: Alphabet Inc's Google, Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of the Indonesian ride-hailing startup Go-Jek, sources familiar with the matter said.
Go-Jek's existing investors such as global private equity firms KKR & Co LP and Warburg Pincus LLC are also involved in the financing round of Go-Jek, which is raising about US $ 1.2bil (RM4.74bil) in total, the sources said.
Google, KKR, Warburg and Temasek declined to comment. Meituan-Dianping and Go-Jek did not immediately respond to requests for comment. The people declined to be identified as they were. – Reuters