Merger talks between Grab and Gojek off the table
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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Is it time to scrap COE categories for cars?