Page 11 - Patrick Cao News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 companies, are finalizing a blockbuster US$18 billion merger to create a gargantuan ride-hailing, fo...

Share 2021 will show us how big bets and new regs will reshape Southeast Asia’s tech scene. Nearly every startup founder, investor, and tech scenester KrASIA interviewed this year mentioned how the COVID-19 pandemic has come to define disruptions and adjustments to business operations and consumer habits. Many people across Southeast Asia shopped online for the first time and became accustomed to paying for their purchases with their phones. These habits are likely here to stay. What other major events shaped 2020’s tech scene in Southeast Asia? And where we might be heading in the comin...