The ridesharing industry in southeast Asia continues to crowd with Go-Jek

As first reported by The Information, the on-demand taxi service is closing in on a $1.2 billion funding round led by JD.com, the Chinese ecommerce giant that currently serves as Alibaba’s biggest competitor. Thanks to additional investments by Tencent, this new influx of capital could result in a $3 billion valuation for Go-Jek.

Source: The ridesharing industry in southeast Asia continues to crowd with Go-Jek

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Mitch Ratcliffe is a veteran entrepreneur, journalist and business model hacker. He operates this site, which is a collection of the blogs he's published over the years, as well as an archive of his professional publishing record. As always, this is a work in progress. Such is life.
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