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Analysis: Be it Grab or Tokopedia, industry players outline Gojek s possible merger impact on ad industry

Details 13 January 2021 Gojek has been thrust into the spotlight recently for alleged merger talks with Grab and Tokopedia respectively. The Indonesian ride-hailing app was reportedly in advanced merger talks with Tokopedia to seal a US$18 billion deal while it allegedly also made substantial progress to merge with Grab. Both Grab and Tokopedia have solidified their reputation in their respective industries. Grab s net revenue increased by 70% in 2020 and returned to well over 100% of pre-COVID levels . According to enterprise intelligence company Craft, Grab was last valued in 2019 at more than US$14 billion. Meanwhile, Craft said Tokopedia was last valued in 2018 at US$7 billion and was said to have obtained US$350 million funding from Google and Temasek Holdings last October. Meanwhile, Gojek is valued at US$10 billion, according to Bloomberg. While this might seem like a business merger unrelated to the advertising and marketing industry

Terminated HSR project a missed opportunity to boost economic competitiveness for Singapore, KL: Experts

Terminated HSR project a missed opportunity to boost economic competitiveness for Singapore, KL: Experts Toggle share menu Advertisement An artist s impression of a KL-Singapore High-Speed Rail (HSR) station. (Photo: MyHSR)  06 Jan 2021 05:50PM) Share this content Bookmark SINGAPORE: The plan was to connect Singapore and Kuala Lumpur - two metropolitan cities in Southeast Asia - by a high-speed rail, revving both economies and propelling each to become a formidable force in the region.   However, this was not to be after the KL-Singapore High-Speed Rail (HSR) project was terminated on New Year’s Day after the agreement to construct it lapsed on Dec 31, 2020.

HSR termination a setback for economic co-operation

HSR termination a setback for economic co-operation
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

Count the costs: Which comes first, wages or rents?

Count the costs: Which comes first, wages or rents?
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

Did global Covid-19 lockdowns heal the planet?

SINGAPORE - To escape the scourge of a contagious, microscopic foe, various nations went into lockdown earlier this year. As people were confined to their homes, cars stowed away and industrial activities slowed, it was as though an invisible broom had swept away the pall of smog, soot and harmful pollutants, to reveal clear skies. Singapore saw improvements in its air quality before and during the two-month circuit breaker, as key pollutants plummeted to levels within the World Health Organisation s air quality guidelines, some of which the country previously could not meet. In April, for the first time in decades, people in Punjab could view the Himalayan mountain range about 200km away as India enforced a nationwide lockdown.

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