GOJEK Series F founding led by Google, JD.com, Tencent, Mitsubishi and Provident Capital.

GOJEK has finalized the first closing of its ongoing Series F fundraise. This initial round was led by existing investors Google, JD.com, and Tencent, with Mitsubishi Corporation, Mitsubishi motors and Provident Capital among other investors. GOJEK is Southeast Asia’s largest mobile on-demand service and payments platform with annualised gross transaction value across all markets amounting to more than US$9bn and annualised transaction volume of 2bn by end of 2018. Financial terms were not disclosed, however it is rumouredthat the amount raised amounted to over $1bn. This would value the company at between $8bn to $10bn. Mitsubishi Motors and Mitsubishi Corporation will leverage the GOJEK platform and study possibilities for various new mobility services. "GOJEK is proud to be partnering with Mitsubishi Motors and Mitsubishi. Both companies with long-standing track records in delivering reliable and quality products, services, and technology to customers around the world. This investment is testament to the strength of the GOJEK vision to use technology as a means to improve the everyday lives of people in Southeast Asia," Andre Soelistyo, GOJEK Group President. Facebook and PayPal agreed to join the Series F financing round for GoJek on 3rd of July, 2020.