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April 26, 2021
How Gojek-Tokopedia merger is rival to Grab in the region? How Gojek-Tokopedia merger is rival to Grab in the region? By As merger talks between Gojek and Tokopedia fall through, Grab may have lost out on a golden opportunity to bolster its presence in Indonesia and more so, with a strengthened Gojek Gojek is now in a unique position to greatly determine and influence the tech power play in Southeast Asia over the next decade Indonesia may soon launch a gargantuan ride-hailing, food delivery...
April 26, 2021
New e-commerce giant GoTo plans stock listing in US and Indonesia Two of Indonesias largest e-commerce companies, ride-hailing and payments firm Gojek and online marketplace operator Tokopedia, have finally announced details on their long-planned merger and said they are combining their various digital businesses under a new company called GoTo. In the new firm, shareholders of Gojek will own 58% and owners of Tokopedia the remaining 42%, the companies said. GoTo will be led by Tokopedia CEO...
April 16, 2021
The blockbuster US$18 billion union of Gojek and Tokopedia By The merger of two of Indonesia’s biggest internet companies is expected to be completed as early as this month The combined entity is set to be called Goto, and will include Gojek’s co-CEOs Andre Soelistyo and Kevin Aluwi, and Tokopedia’s CEO William Tanuwijaya, and president Patrick Cao The deal is expected to close this month, with Gojek taking a 60% stake in GoTo Gojek and Tokopedia, two of Indonesia’s most valuable tech ...