On-demand motorbike service Go-Jek has closed a $1.2bn round led by Chinese web giant Tencent, according to anonymous sources close to the company. The latest funding will value the company at $first once completed. The Indonesian firm started out offering motorcycle-based taxi services, but has since expanded into private-car offerings. Go-Jek says it has 200,000 drivers across 25 Indonesian states.
On-demand motorbike service Go-Jek has closed a $1.2bn round led by Chinese web giant Tencent, according to anonymous sources close to the company. The latest funding will value the company at $3bn once completed. The Indonesian firm started out offering motorcycle-based taxi services, but has since expanded into private-car offerings. Go-Jek says it has 200,000 drivers across 25 Indonesian states.