Page 4 - Patrick Cao News Today

Gojek and Tokopedia announce merger to become new tech giant in Southeast Asia 17:38 | 17/05/2021  Gojek and Tokopedia announce a merger to create Indonesia tech giant Although the value of the deal is not disclosed, it was announced to be the largest business deal in Indonesias history. GoTo Group will be led by Gojek’s Andre Soelistyo as group CEO and Tokopedia’s Patrick Cao will be group president. Kevin Aluwi will remain CEO of Gojek and Willi...

SINGAPORE -Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia have agreed to a merger to create a multi-billion dollar tech company called GoTo in the countrys...

Monday, 17 May 2021 03:34 PM MYT The deal comes as Gojek and Tokopedia — each backed by global heavyweight investors — seek to boost profitability some 10 years after they were founded by marrying their services in one bouquet under a single platform. It also extends growing consolidation among Southeast Asia’s fast-moving tech startups. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. SINGAPORE, May 17 — Indonesian ride-hailing and paym...

Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia are merging to create a multi-billion dollar tech company called GoTo in the country's largest-ever deal, as rivals bulk up in the fast-expanding sector.

ABC News Turn on desktop notifications for breaking stories about interest? OffOn Indonesias Gojek, Tokopedia to merge as GoTo Group Indonesian ride hailing company Gojek and e-commerce firm Tokopedia said Monday that they are merging, in the largest ever deal in the country’s history By ZEN SOO AP Technology Writer May 17, 2021, 7:31 AM • 2 min read SINGAPORE -- Indonesian ride hailing company Gojek and e-commerce firm Tokopedia said Monday that they are merging to form the GoTo Gro...

Search This undated photo shows a Gojeks driver-partner delivering a Tokopedia parcel in Jakarta. (Photo courtesy of Gojek) Gojek, Tokopedia Create GoTo in a Landmark Merger Deal BY :JAKARTA GLOBE MAY 17, 2021 Jakarta. Indonesian digital services company Gojek and Tokopedia have unveiled on Monday that they had agreed to combine the formers mobile on-demand services and payments platform and the latters marketplace into GoTo Group, cre...

Gojek, Tokopedia announce GoTo Group creation through merging services 1 hour ago Gojek and Tokopedia merger. ANTARA/HO Today is a very historical day, with the formation of the GoTo Group while at the same time marking the next development phase for Gojek, Tokopedia, and GoTo Financial Jakarta (ANTARA) - Two Indonesian start-ups -- Gojek and Tokopedia -- declared the formation of the GoTo Group resulting from the merging of their services. According to a statement received here, Monday,...

The new company will be led by Gojeks Andre Soelistyo as group CEO and Tokopedias Patrick Cao will be group president. Kevin Aluwi will remain CEO of Gojek and William Tanuwijaya will continue to lead Tokopedia. Soelistyo will also lead the payments and financial services unit, which will be rebranded as GoTo Financial. The merger will likely help Gojek and Tokopedia to take on larger, regional rivals such as Singapore-headquartered Grab and internet company Sea, which operates e-commerce platf...

Publishing date: May 17, 2021  •  1 hour ago  •  3 minute read  •  Article content SINGAPORE — Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia are merging to create a multi-billion dollar tech company called GoTo in the country’s largest-ever deal, as rivals bulk up in the fast-expanding sector. The combined entity, which will span online shopping, courier services, ride-hailing, food delivery and other services in Southeast Asia’s largest ec...

A Unicorn With Two Horns? Gojek, Tokopedia to Merge The largest-ever merger in Indonesian history will combine the countrys two best-known online brands. May 17, 2021 | 08:00 AM EDT The largest Asian tech merger in history will combine Indonesias best-known unicorns: the ride-hailing company Gojek and the e-commerce marketplace Tokopedia. The combined company, GoTo Group, will have a valuation of around US$18 billion, based on the latest fundraising for each company. U.S. investors may ...