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Gojek Tokopedia merger creates $18 billion ride-hailing and e-commerce group CNN 2 hrs ago By Diksha Madhok, CNN Business © Juni Kriswanto/AFP/Getty Images Gojek riders wait for orders at a distribution center in Surabaya, Indonesia on May 17, 2021. Gojek and Tokopedia — two of Indonesia's biggest startups — have agreed to merge to create the largest tech group in the country and one of the biggest ride-hailing and e-commerce companies in southeast Asia. Popular Searches The new entity will be called GoTo Group, the two companies said in statement Monday, and is backe...

Gojek and Tokopedia — two of Indonesia's biggest startups — have agreed to merge to create the largest tech group in the country and one of the biggest

Zen Soo A Gojek driver, left, gives a helmet to a customer in Jakarta, Indonesia, Monday, May 17, 2021. 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. (AP Photo/Achmad Ibrahim) May 17, 2021 - 7:06 AM SINGAPORE (AP) — Indonesian ride hailing company Gojek and the country's biggest e-commerce firm Tokopedia said Monday that they are merging to form the GoTo Group, adding to surging competition in Southeast Asia that is attracting billions of dollars from in...

Indonesia's Gojek, Tokopedia to create biggest local tech group By Anshuman Daga and Fanny Potkin Reuters SINGAPORE (Reuters) -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 economy, will be the biggest privately held technology firm in the region. It plans to list...

  Gojek co-CEO Andre Soelistyo (left) will lead GoTo, William Tanuwijaya remains Tokopedia CEO Indonesian ride-hailing and e-commerce giant Gojek and online marketplace Tokopedia, which have been working on a merger for a while, have finally created their previously announced joint new company and are officially merging. Indonesia’s two biggest startups said in a statement on May 17 that they have combined their businesses to form GoTo Group, the largest technology company in the world's fourth most populous country. GoTo will be preparing for a dual listing – in New York and Jakarta –...