A consortium of global investment firms has pumped $550m into 18 month old Indonesian mobile platform GO-JEK. The consortium includes KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets, existing shareholders and other international investors. Previous investors include Sequoia India, Northstar Group, DST Global, NSI Ventures, Rakuten Ventures and Formation Group.

Read more: Indonesian mobile platform GO-JEK gets $550m boost

IDC Asia/Pacific has released as report assessing Asia/Pacific (excluding Japan) organizations' maturity and progress in their digital transformation initiatives, saying it shows Asia/Pacific organizations to be still at a nascent stage of digital transformation, with 45.4 percent of enterprises surveyed operating at the basic ad hoc level (ie digital resisters) and yet to establish basic digital transformation capabilities and adopt digital solutions systematically.

Read more: Asia Pacific lagging in digital maturity, says IDC

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