{"id":14680,"date":"2018-01-19T08:25:08","date_gmt":"2018-01-19T16:25:08","guid":{"rendered":"https:\/\/www-upgrade.exoplatform.com\/blog\/?p=14680"},"modified":"2018-01-19T08:25:08","modified_gmt":"2018-01-19T16:25:08","slug":"google-temasek-to-participate-in-go-jeks-us1-2b-funding-round-exo-platform","status":"publish","type":"post","link":"https:\/\/www-upgrade.exoplatform.com\/blog\/google-temasek-to-participate-in-go-jeks-us1-2b-funding-round-exo-platform\/","title":{"rendered":"Cartoon of the Week: Google &#038; Temasek to join Go-Jek&#8217;s funding round"},"content":{"rendered":"<p>Google and Temasek are investing in Go-jek, the Indonesia-based rival to Uber and Grab as part of a $1.2 billion <a href=\"https:\/\/donorbox.org\/nonprofit-blog\/thanksgiving-fundraising-ideas\" target=\"_blank\" rel=\"noopener\"><u>fundraising round<\/u><\/a>, enhancing the ride-hailing firm chances to compete with its rivals.<\/p>\n<p><!--more--><\/p>\n<p>Meituan-Dianping, the chinese <strong>online platform<\/strong> is also joining the round along with the existing investors KKR and Warburg Pincus.<\/p>\n<p>\u201cAs a strategic investor, <strong>Google<\/strong> can add a lot to <strong>Go-Jek<\/strong>\u2019s business,\u201d said one source. \u201cGo-Jek\u2019s challenge is not how to grow the business but to have a big pool of funding to support all its services,\u201d he said.<\/p>\n<p>Will this help Go-jek outreach competitors? Especially that competition has also increased its rounds by significant multiples?<\/p>\n<p><a href=\"http:\/\/www.pinterest.com\/exoplatform\/cartoon-of-the-week\/\" rel=\"nofollow noopener\" data-pin-do=\"embedBoard\" data-pin-scale-width=\"80\" data-pin-scale-height=\"200\" data-pin-board-width=\"400\" target=\"_blank\">Follow eXo Platform&#8217;s board Cartoon of the Week on Pinterest.<\/a><\/p>\n<p><!-- Please call pinit.js only once per page --><script src=\"\/\/assets.pinterest.com\/js\/pinit.js\" async=\"\" type=\"text\/javascript\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Google and Temasek are investing in Go-jek, the Indonesia-based rival to Uber and Grab as part of a $1.2 billion fundraising round, enhancing the ride-hailing firm chances to compete with its rivals.","protected":false},"author":7,"featured_media":14681,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":[],"categories":[813],"tags":[606,817],"lang":"en","translations":{"en":14680},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/posts\/14680"}],"collection":[{"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/comments?post=14680"}],"version-history":[{"count":0,"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/posts\/14680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/media\/14681"}],"wp:attachment":[{"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/media?parent=14680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/categories?post=14680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www-upgrade.exoplatform.com\/blog\/wp-json\/wp\/v2\/tags?post=14680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}