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NEWS ANALYSIS: MERGER OF UNICORNS

A Gojek-Tokopedia merger would give fillip to Indonesia's startup ecosystem

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Published Wed, Jan 6, 2021 · 09:50 PM

    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.

    GojekGrabTokopediaM&A

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