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Home > News > Company News > Bike-hailing firm to raise $2b.....

Bike-hailing firm to raise $2bn

  • Author:Ella Cai
  • Release on:2018-09-17
Go-Jek of Jakarta, Indonesia’s motor-bike hailing service, which was valued at  $5 billion in its last funding round when it raised $1.5 billion, is in talks to raise another $2 billion, reports Bloomberg.

Current backers include Tencent, Temasek and Warburg Pincus.

Earlier this month it started a motor-bike hailing service in Hanoi.

It plans to expand into Thailand, Singapore and the Philipinnes.

The company says it has 25,000 drivers.