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Facebook and PayPal invest in Southeast Asian ride-hailing giant GoJek

Facebook and PayPal invest in Southeast Asian ride-hailing giant GoJek

4 years ago
Anonymous $-9GJQVHNr8

https://techcrunch.com/2020/06/02/facebook-and-paypal-invest-in-southeast-asian-ride-hailing-giant-gojek/

Facebook and PayPal have made investments in GoJek, joining Google and Tencent among other high-profile technology firms that have backed the five-year-old Southeast Asian ride-hailing firm that also offers food delivery and mobile payments.

Facebook, for which it is the first investment in an Indonesia-based firm, and PayPal did not disclose the size of their checks. GoJek told TechCrunch that Facebook and PayPal were participating in its ongoing financing round, which brings it total raise-to-date to over $3 billion.