Allianz confirms $35m investment in Indonesia's Go-Jek

Go-Jek. Photo: Reuters

Allianz X, the digital investment unit of global insurance and asset management firm Allianz Group, on Wednesday announced a $35-million investment in Indonesian ride-hailing platform Go-Jek.

The investment, which marks Allianz X’s first investment in a Southeast Asian-headquartered company, makes it Go-Jek’s sole international insurance shareholder.

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