Cartoon of the Week: Google & Temasek to join Go-Jek’s funding round

eXo Platform Blog

Google and Temasek are investing in Go-jek, the Indonesia-based rival to Uber and Grab as part of a $1.2 billion fundraising round, enhancing the ride-hailing firm chances to compete with its rivals.

Meituan-Dianping, the chinese online platform is also joining the round along with the existing investors KKR and Warburg Pincus.

“As a strategic investor, Google can add a lot to Go-Jek’s business,” said one source. “Go-Jek’s challenge is not how to grow the business but to have a big pool of funding to support all its services,” he said.

Will this help Go-jek outreach competitors? Especially that competition has also increased its rounds by significant multiples?

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Brand & Communication Manager

I am a marketer and social media junkie. I work to optimise eXo’s online brand with content, social media technologies and digital marketing. I mainly write cartoons but I am also a big fan of topics related to internal communications in the digital workplace. I would love to connect with you, so get in touch and join our LinkedIn group ‘Intranet & Digital Workplace’.

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