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Grab may face tougher fight in Indonesia if Gojek, Tokopedia merge

MERGER OF UNICORNS

Grab may face tougher fight in Indonesia if Gojek, Tokopedia merge

Indonesia's ride-hailing giant and e-commerce pioneer reportedly exploring US$18b merger ahead of plan to go public in US and Indonesia
5 -min read
Listen to this article
Indonesia's ride-hailing giant and e-commerce pioneer reportedly exploring US$18b merger ahead of plan to go public in US and Indonesia
5 -min read
Listen to this article

Singapore

GRAB'S battle to dominate Indonesia, a market widely seen as the crown jewel of South-east Asia, could grow tougher, now that rival Gojek is reportedly exploring a US$18 billion merger with e-commerce giant Tokopedia.

However, this does not imply a straightforward path to...

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