Tencent, JD.com and Google co-led a $1bn investment in the ride hailing service that represents the first tranche of a series F round expected to close at $2bn.
Indonesia-based on-demand ride provider Go-Jek has secured about $1bn from investors including corporate backers Tencent, JD.com and Google at a $10bn post-money valuation, Reuters reported today, citing sources familiar with the matter.
Internet group Tencent, e-commerce firm JD.com and internet technology provider Google co-led the funding, which represented the first close of Go-Jek’s series F round. They were joined by conglomerate Mitsubishi Corp and investment manager Provident Capital.
Go-Jek owns a mobile ride hailing and on-demand services app that reportedly…
