Go-Jek, an Indonesian ride-sharing platform, has received $1.2 billion commitment from U.S. technology giant Google, Chinese technology to entertainment company Tencent and e-commerce platform JD.com in a new round of financing round.
The latest round could come to about $1.5 billion if more investors participate, and brings Go-Jek’s valuation to more than $9 billion.
With the latest investments from Google, Tencent and JD.com, Go-Jek plans to deepen its alliances with those key strategic partners and to seek business collaborations.
Last year, Go-Jek raised a $1.2 billion financing round from Tencent and its existing investors, which valued the company at $3 billion post-money.