Data Vantage: Gojek beefs up SG war chest, more capital for crypto and other updates

With big plans in the pipeline for its Singapore operations, Jakarta-headquartered ride-hailing and food delivery app Gojek has been busy pumping fresh capital into its subsidiary in the city-state.

The tech giant invested an additional $32.9 million in Velox Digital Singapore last week, more than doubling its capital injection in the entity so far this year. Gojek has spent approximately $250 million on its Singapore operations since the latter’s inception in July 2019.

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