Google, Temasek coming in as new investors in Indonesia's Go-Jek: sources – Tech News

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Go-Jek's existing investors such as global private equity firms KKR & Co LP and Warburg Pincus LLC are also participating in the funding round of Go-Jek. — Reuters

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


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