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Google invests in Go-Jek in its first big Indonesian venture

Deal adds firepower for ride-hailing startup battling Uber and Grab

A woman rides on the back of a motorbike, part of the Go-Jek ride-hailing service, on a busy street in central Jakarta.   © Reuters

JAKARTA -- Google said on Monday it has invested in Indonesia's Go-Jek, adding firepower for the startup in its battle against ride-hailing rivals Uber and Grab.

The move marks Google's first major investment in an Indonesian startup. The announcement, which confirmed earlier media reports, is also the latest addition to Go-Jek's list of high-profile investors that already include Tencent Holdings, JD.com, investment firms KKR and Warburg Pincus.

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