Go-Jek to buy JD Finance shares

Tinuku - Go-Jek is reportedly in the process of buying a portion of shares in JD Finance, a JD.com company unit, in Indonesia, a source said. This step can lead to the acquisition of Go-Jek in JD Finance's operations in the country or merger between the two.

In addition, Go-Jek and JD are rumored to be collaborating in e-commerce. JD has become one of the investors in Go-Jek after joining the latest funding round which was also followed by Tencent, Google, and several other companies.

Tinuku Go-Jek to buy JD Finance shares

JD also has a special site in Indonesia, JD.ID. They have even set up the first shop without cashier in Indonesia. Previously, JD also provided funding to Traveloka. After the funding, the two also worked together to bring a plane ticket purchase service called JD Flight on JD.ID.