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Startups

Indonesia's Gojek bags investment from Facebook, PayPal

Improving payment and financial services seen as key in battle with rival Grab

Indonesian ride-hailing and payments operator Gojek has announced investment from global tech giants Facebook and PayPal as competition heats up with rival Grab.(Source photo by Reuters) 

JAKARTA -- Indonesian ride-hailing and payments operator Gojek has secured additional funding from global tech giants Facebook and PayPal, the company announced on Wednesday.

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