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Consumption rise uncertain until general recovery appears

Consumption rise uncertain until general recovery appears
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Merger could lead to "GoTo" app for all


Merger could lead to “GoTo” app for all
10:00 | 07/06/2021
The Gojek and Tokopedia merger is backed by massive names in digital investments, Photo Duc Thanh
Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia has made a big splash in the market by merging to form multi-billion dollar firm GoTo. Backed by investment giants like Alibaba, Tencent, and Google parent company Alphabet, GoTo is poised to expedite the digital economy in Southeast Asia, including Vietnam.
Specifically, the new group features a wide range of services including ride-hailing, food delivery, e-commerce, logistics, and also financial services.
Gojek Vietnam under GoTo has offered ride-hailing, food delivery, and logistics. To expand its presence in the market, the group will roll out car-sharing and cashless payment services this year. By adding the two new services, Gojek Vietnam is expecting to gain a competitive edge o ....

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