A Gojek-Tokopedia merger would give fillip to Indonesia's startup ecosystem
Jakarta
THE potential merger between Gojek and Tokopedia - the two poster boys of Indonesia's digital economy - has been hailed by the country's investment community as a move that would bolster its fast-growing tech eco-system.
On Tuesday, it was reported that ride-hailing firm Gojek was exploring a US$18 billion merger with e-commerce giant Tokopedia, and eyeing an initial public offering (IPO) of the combined entity in Indonesia and the United States.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Apex court dismisses almost all of the appeals by Envy’s ex-employees over S$38 million of clawbacks
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Singapore Airlines plans debut 5-year dim sum bond
