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

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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Brahim Jaouane

I am a Digital Marketing specialist specialized in SEO at eXo Platform. Passionate about new technologies and Digital Marketing. With 10 years' experience, I support companies in their digital communication strategies and implement the tools necessary for their success. My approach combines the use of different traffic acquisition levers and an optimization of the user experience to convert visitors into customers. After various digital experiences in communication agencies as well as in B2B company, I have a wide range of skills and I am able to manage the digital marketing strategy of small and medium-sized companies.