Gojek and Tokopedia are very close to creating Indonesian tech champion, say sources


Picture courtesy of The Straits Times/ANN

SINGAPORE, April 11 (Reuters): Indonesian ride-hailing and payments company Gojek and the country's leading e-commerce business Tokopedia are close to sealing their proposed merger as they prepare to seek formal shareholder approval, three sources close to the matter have informed Reuters.

A deal that sources have previously pegged at US$18 billion would create a technology powerhouse offering online shopping, courier services, ride-hailing, food delivery and other services in South-East Asia's largest economy.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

US commission wants more Mandarin language courses as Congress looks to curb Beijing's sway
KLIA system at fault for Malaysia Airlines' mishandled baggage - MAG
T'ganu orders monsoon safety alert, bans swimming and camping
Indonesia bolsters aquaculture drive as fish output hits over five million tonnes
Brussels ramps up China de-risking while France and Germany pull further apart
Electricity is now holding back growth across the global economy
Digital innovation key driver of rural development: Brunei minister
Crime, bullying incidents in schools spark comprehensive reforms
VinFast will increase investment in Indonesia to up to US$1bil, executive says
'Terrified' Sydney man misidentified as Bondi shooter

Others Also Read