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Facebook, PayPal invest in Indonesian super app Gojek

SINGAPORE (Reuters) – Facebook Inc (FB.O) messaging platform WhatsApp and PayPal Holdings Inc (PYPL.O) on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm’s ongoing fundraising round.

FILE PHOTO: Commuters pass by a Gojek advertisement in Singapore, March 4, 2019. REUTERS/Edgar Su/File Photo

WhatsApp and PayPal did not disclose the size of the investment. A Gojek investor told Reuters the Facebook investment, the first for the firm in Southeast Asia, was “meaningful”.

According to a regulatory filing, Facebook now owns a 2.4 percent stake in Gojek’s GoPay fintech arm, while PayPal owns 0.6 percent of GoPay.

WhatsApp Chief Operations Officer Matt Idema said in a blog post his company would work with Gojek “to support the growth of millions of small businesses”.

The move is expected to help Facebook and WhatsApp, which have more than

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Google takes down Indian app that removed Chinese ones -spokesman

FILE PHOTO: Remove China Apps is seen in the Google Play store on a mobile phone in this illustration taken June 2, 2020. REUTERS/Danish Siddiqui/Illustration/File Photo

NEW DELHI (Reuters) – Alphabet Inc’s Google has taken down an Indian mobile application from its app store that allowed users to remove other Chinese apps from their phones as it violated certain company policies, a spokesman said on Wednesday.

The app, “Remove China Apps”, had become top trending free app on Google’s mobile app store in India with more than five million downloads since late May. Its popularity rose amid calls for a boycott of Chinese mobile apps in India during a Himalayan border dispute between the two nations.

A Google spokesman confirmed to Reuters the app had been removed due to violation of app store policies, but gave no further details.

A person familiar with the matter said the software violated Google’s

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Google takes down Indian app that removed Chinese ones: spokesman

FILE PHOTO: Remove China Apps is seen in the Google Play store on a mobile phone in this illustration taken June 2, 2020. REUTERS/Danish Siddiqui/Illustration

NEW DELHI (Reuters) – Alphabet Inc’s Google has taken down an Indian mobile application from its app store that allowed users to remove other Chinese apps from their phones as it violated certain company policies, a spokesman said on Wednesday.

The app, “Remove China Apps”, had become top trending free app on Google’s mobile app store in India with more than five million downloads since late May. Its popularity rose amid calls for a boycott of Chinese mobile apps in India during a Himalayan border dispute between the two nations.

A Google spokesman confirmed to Reuters the app had been removed due to violation of app store policies, but gave no further details.

A person familiar with the matter said the software violated Google’s policies

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WhatsApp, PayPal invest in Indonesian super app Gojek

SINGAPORE (Reuters) – Facebook Inc (FB.O) messaging platform WhatsApp and PayPal Holdings Inc (PYPL.O) on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm’s ongoing fundraising round.

WhatsApp and PayPal did not disclose the size of the investment or the stakes they would receive. A Gojek investor told Reuters the WhatsApp investment was “meaningful”.

WhatsApp Chief Operations Officer Matt Idema in a blog post said his company would work with Gojek “to support the growth of millions of small businesses”.

The move is likely to significantly strengthen WhatsApp’s presence in Indonesia, where it has more than 100 million users. It comes just over a month since its $5.7 billion investment in the digital arm of India’s Reliance Industries Ltd (RELI.NS).

Reuters reported in April that Facebook was in talks with Gojek about an

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