The Business Times
business-time-50
BT EXCLUSIVE
·
SUBSCRIBERS

Merger talks between Grab and Gojek off the table

google-preferred-sourceAdd BT as a preferred source
Claudia Chong

Claudia Chong

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

    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.

    GrabGojekM&A

    TRENDING NOW

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Indonesia's Finance Minister Purbaya Yudhi Sadewa says figures in the reported export data are roughly 50% lower than the actual numbers.

    Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing

    CEO Kerry Mok says Sats has “a lot of growth opportunities”, including investments in AI and new geographies, as well as refreshing its assets.

    Sats may reward shareholders with special dividend if there’s spare cash

    LKT commenced proceedings in the Singapore High Court against Edmund Cheah in May 2025, alleging breaches of fiduciary duties and duties of fidelity.

    Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More