Connect with us


Indonesia’s internet start-ups Gojek and Tokopedia announce merger – CNBC

The new company will be led by Gojek’s Andre Soelistyo as group CEO and Tokopedia’s Patrick Cao will be group president.



Article feature image

Indonesia ride-hailing and payments firm Gojek on Monday announced its merger with e-commerce player Tokopedia to form the GoTo Group.
Without disclosing the value of the transaction, Gojek claimed the agreement marked the largest business deal in the country’s history. The ultimate goal is said to be a potential IPO with an expected public markets valuation target between $35 billion and $40 billion, Bloomberg reported in February.
The new company will be led by Gojek’s Andre Soelistyo as group…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
Bitcoin price can hit $450K in 2021, $135K is ‘worst-case scenario’ — PlanB – Cointelegraph
Article feature image
Tesla Model S Plaid Drag Races Dodge Challenger – So It Begins – autoevolution
Article feature image
Target Deal Days 2021: Best Target sales to shop on Prime Day – NBC News