Indonesia's Astra joins in fund raising for ride-hailing service Go-Jek

  • TECH

  • Monday, 12 Feb 2018

A Go-Jek driver rides a motorcycle on a street in Jakarta, Indonesia, December 15, 2017. REUTERS/Beawiharta

Indonesian conglomerate Astra International said it will invest US$150mil (RM593.5) in Go-Jek, joining the likes of Alphabet's Google in the ride-hailing startup's latest fundraising round.

Astra chief executive Prijono Sugiarto said the group had wanted to invest in Go-Jek for some time but had been looking for the right timing.

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