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Showing posts with the label Facebook funding.

The reason Facebook and Paypal are interested in disbursing fresh funds for Gojek

JAKARTA – During the COVID-19 pandemic, Gojek officially received an injection of fresh funds from Facebook and PayPal. The two companies invested around 3 billion US dollars, equivalent to Rp45 trillion rupiah, in the company’s Gojek fundraising. Apart from Facebook and PayPal, Google and Tencent also returned to increase their investment. The two companies had provided funds to Gojek in the previous round of fundraising. Gojek co-CEO Andre Soelistyo said that the joining of Facebook and PayPal as investors, following Google and Tencent, supports Gojek in its mission of driving the growth of the digital economy in Southeast Asia, with a focus on payment and financial services. “By working together, we have the opportunity to achieve something truly unique as we support more digitalization in the corporate world and ensure millions of customers benefit from the digital economy,” explained Andre in a press release received. VOI , Wednesday, June 3. Not only PayP...