Gojek-Tokopedia merger: other startups eye fresh valuations
Result of deal likely to set new price benchmarks, create greater awareness of underlying potential in digital economy
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Jakarta
AS Indonesia's investment community waits anxiously for new developments on the possible merger between tech giants Gojek and Tokopedia, many startups are also looking at what this could mean for their own valuations in the years to come.
Gojek, Indonesia's largest ride-hailing and transportation company and Tokopedia, the country's largest e-commerce platform, were reported to have entered into talks of a possible merger early this year.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
