Go-Jek confirms $150m investment by Astra, ‘substantial’ funding by GDN

Go-Jek confirms $150m investment by Astra, ‘substantial’ funding by GDN

Ilustrasi Gojek/ GO-JEK. REUTERS/Beawiharta

Indonesian ride-hailing firm Go-Jek confirmed on Monday that it has secured a $150-million funding from local conglomerate Astra International as well as an undisclosed amount of financing from investment firm Global Digital Niaga (GDN) as part of its latest funding round.

In a joint press conference on Monday, Go-Jek and Astra International officially announced the latter’s investment in the startup.

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