Gojek exits Thai market, sells business to AirAsia

JAKARTA (The Jakarta Post/ANN): Two months after its merger with e-commerce giant Tokopedia, ride-hailing and payments firm Gojek has announced it will quit the Thai market and begin focusing on two markets where it has gained the upper hand: Singapore and Vietnam.

The Jakarta-based firm has sold its Thai business to Malaysian budget carrier Air Asia Group in a stock swap, an exchange that will give Gojek a 4.76 per cent stake in the airline’s lifestyle app, AirAsia SuperApp.

Get 30% off with our ads free Premium Plan

Monthly Plan


Annual Plan


Billed as RM103.60/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Indonesia , Thailand , Gojek , AirAsia


Next In Aseanplus News

Asean News Headlines at 9pm on Monday (March 4, 2023)
India sends in anti-terror agency to investigate Bengaluru cafe blast
Taiwan says Chinese boats around Kinmen island daily since deadly incident
Shell companies in Singapore linked to money laundering operation in India
Indonesia's Nusantara city development will not need state budget funds in the future, says govt
Thai PM says 25 bps rate cut won't cause large capital outflow as 'critical' economy needs urgent stimulus
Philippines urges neighbours to stand together more strongly against China in the South China Sea
Australia welcomes South-East Asia leaders with fresh maritime security funding
Is Syamsul Yusof still sulking? He has yet to contact or visit father Yusof Haslam
China cancels premier’s Parliament press conference for first time since 1993

Others Also Read