On-demand ride service Go-Jek has followed a reported seven-figure investment from Tencent with $100m from JD.com as part of a round set to be sized at about $1bn.
E-commerce firm JD.com has invested about $100m in Indonesia-based on-demand ride service Go-Jek, Reuters reported today, citing people familiar with the matter.
The investment is being made as part of a two-tranche round already backed by internet group Tencent set to be sized at about $1bn, The Information has reported, and a source told Reuters the round would value the company at $2.5bn.
Tencent has provided between $100m and $150m of funding for Go-Jek through the round, Reuters reported last…
