Google, Tencent and JD.com are among the existing backers that have contributed to the first tranche of a round expected to close at $2bn that valued Go-Jek at $9.5bn.

Indonesia-based ride hailing service Go-Jek has secured $920m in funding from existing investors including internet technology provider Google, internet group Tencent and e-commerce firm JD.com, TechCrunch reported yesterday.

The capital will make up part of a round that values Go-Jek at about $9.5bn and which is expected to close at $2bn, three sources with knowledge of the matter told TechCrunch. The company is approaching prospective new investors to take the round to its final target.

Founded in 2010, Go-Jek operates…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.