Existing investor Telkomsel provided the cash as on-demand ride provider Gojek prepares to seal a merger with e-commerce platform Tokopedia at an $18bn valuation.
Telkomsel, the mobile network subsidiary of telecommunications firm Telkom Indonesia, has invested $300m in Indonesia-based ride hailing service Gojek, having supplied $150m for the company in November 2020, TechCrunch reported today.
Gojek runs an app-based on-demand ride service which has expanded into food, package and grocery delivery in addition to mobile financial services.
The funding comes as the company prepares to merge with e-commerce marketplace Tokopedia in a deal that will create a company called GoTo which would…
