Asean Business logo
SPONSORED BYUOB logo
ASEAN BUSINESS
·
SUBSCRIBERS

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

    Published Thu, Jan 28, 2021 · 09:50 PM

    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.

    Copyright SPH Media. All rights reserved.