Google confirms investment in Indonesian startup Go-Jek
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GOOGLE has made its first ride-hailing investment in Asia by pumping money into Go-Jek, as the Indonesian start-up and deep-pocketed rivals rapidly expand their app-based services and digital payments in South-east Asia.
"The funding deepens Google's commitment to Indonesia's internet economy," Caesar Sengupta, a vice- president at Google said in a company blog on Monday. The announcement by Alphabet Inc's Google comes two weeks after sources told Reuters that Google and Singapore state investor Temasek were among those investing in Go-Jek as part of a US$1.2 billion fundraising round.
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