Indonesia's Go-Jek raises over $1.5b as it builds a war-chest to fend off rivals

Indonesia's Go-Jek raises over $1.5b as it builds a war-chest to fend off rivals

Ilustrasi Gojek/ GO-JEK. REUTERS/Beawiharta

Indonesia’s Go-Jek has raised a higher than targeted $1.5 billion in a fundraising round from a dozen investors including BlackRock and Google, sources said, as the ride-hailing firm builds its war chest to fight deep-pocketed rivals.

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