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Siam Commercial Bank : Hong Kong tycoon Richard Li s FWD files for U S listing

Siam Commercial Bank : Hong Kong tycoon Richard Li s FWD files for U S listing
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Indonesian unicorns unite

The recent mega-merger of the Indonesian super-apps Gojek and Tokopedia essential fixtures in the daily lives of tens of millions of people has lent new urgency to the need for better personal data protection in the country.

Gojek and Tokopedia merge to form GoTo Group

Ride-hailing giant Gojek and marketplace Tokopedia said on Monday they have combined their businesses to form GoTo Group, the largest technology group in Indonesia, the fourth most populous nation that is currently navigating to contain the economic fallout from the coronavirus pandemic. Gojek’s Andre Soelistyo will lead the combined business as GoTo Group CEO, with Tokopedia’s Patrick Cao serving as GoTo Group President. Kevin Aluwi will continue as CEO of Gojek and William Tanuwijaya will remain CEO of Tokopedia, the two firms said in a joint announcement.

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