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Startups

Gojek boosts war chest with another $1.2bn

Additional capital will help it battle Grab in a range of services

Initially a ride-hailing app, Gojek has expanded into a comprehensive business that also provides deliveries and e-payment services.   © Reuters

JAKARTA -- Indonesian ride-hailing and payments operator Gojek has secured an additional $1.2 billion in funding, giving it further ammunition in its ongoing battle with Singapore-based rival Grab.

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