Indonesia's Gojek bags investment from Facebook, PayPal

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

20200603 Gojek Facebook PayPal

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) 

SHOTARO TANI, Nikkei staff writer

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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