Gojek chief says on track to raise US$2bil

Soelistyo: We can say now we’re not just an Indonesian company. — Bloomberg

SINGAPORE: Gojek is on track to raise US$2bil in its ongoing funding round before the end of the year, accelerating capital-raising to drive an expansion into mobile payments and food delivery.

The ride-hailing giant has now handled about US$1.5bil of transactions outside of Indonesia, thanks to a budding expansion into the rest of South-East Asia, president Andre Soelistyo told Haslinda Amin on Bloomberg Television. Backed by Google and Tencent Holdings Ltd, Gojek has rapidly grown an international business from scratch after setting up shop in countries like Singapore and Vietnam just nine months prior, he said.