Indonesian ride-hailing unicorn GOJEK has hired Citigroup Inc’s investment banking unit to work on its extended Series F funding round, according to industry executives aware of the development.
Bloomberg had earlier reported that GOJEK was seeking pitches from investment banks to work on its financing round. The Indonesian unicorn has already raised just over $1 billion as part of the round from investors including Mitsubishi Corp. and Provident Capital, along with Google, JD.com and Tencent Holdings Ltd.
