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Merger talks between Grab and Gojek off the table

Claudia Chong

Claudia Chong

Published Fri, Jan 29, 2021 · 05:50 AM
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Jakarta/Singapore

AFTER lengthy negotiations, the proposed merger between two of South-east Asia's decacorns is said to be off the table, sources in Jakarta told The Business Times.

Indonesia-based Gojek and Singapore-based Grab, the region's two largest ride-hailing firms, have ended their attempt to merge.

KEYWORDS IN THIS ARTICLE

Gojek
M&A

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