Gojek, Tokopedia to merge in Indonesia’s biggest ever deal at US$18 billion

Source: South China Morning PostTokopedia and Gojek, two of Indonesia’s biggest technology companies, said on Monday that they planned to merge to create a technology conglomerate spanning e-commerce, ride-hailing and financial services in one of the world‘s most populous countries.The combined Gojek and Tokopedia would be known as GoTo Group, which would have handled more than 1.8 billion transactions with a total gross transaction value of more than US$22 billion last year. GoTo will aim to go public later this year, a…Read More

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