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Go-Jek pulls in $100M more for its massive Series F round

Go-Jek pulls in $100M more for its massive Series F round

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/03/04/go-jek-pulls-in-100m-more-for-its-massive-series-f-round/

U.S. ride-hailing giants Lyft and Uber are going public in the U.S. imminently, but over in Southeast Asia, the two largest on-demand companies are still madly fueling up on investment capital.

The latest update to that story today saw Go-Jek, the Indonesian ride-hailing firm aiming to go regional in Southeast Asia, announced that it has pulled in $100 million from conglomerate Astra, an existing investor, as part of the Series F round it is raising right now. We know Go-Jek is aiming to bring in at least $2 billion from that round — and that it has closed around half of that capital — so the addition from Astra is likely one of many that will take it towards that target.