Gojek Reportedly Received New Funding from Siam Commercial Bank

Gojek reported get another injection of funding. This time it was obtained from a bank from Thailand, namely Siam Commercial Bank. No mention of the nominal given by the company "owned" Vajiralongkorn (King of Thailand in office since 2016; holds majority shares).

This investment is an additional participation for the series F round that is being raised Gojek. A few days ago, three Mitsubishi entities have just injected funds for funding targets $3 billion pada round this.

Looking at it on the other hand, this is an interesting contest among investors. Previously the automotive companies Hyundai and Yamaha Motor invested in Grab, then Mitsubushi Motor participated in Gojek. Then in the banking sector, previously Kasikornbank (a bank based in Bangkok) also invested in Grab in the H series round, then now Siam Bank invests in Gojek.

From previous achievements, the round of the F series Gojek estimated to have reached $1,6 billion. And has brought the company's valuation to pass $10 billion. Series F funding continues to be raised to optimize business expansion activities in Southeast Asia. In Thailand itself, Gojek already launched Get, provide service ride-hailing, food delivery, and delivered.