Indonesia’s Gojek and Tokopedia in advanced talks to form $18bn tech group
05 January 2021 - 17:39
Singapore — Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia are in advanced talks to seal a $18bn merger ahead of a potential dual listing in Jakarta and the US, people with knowledge of the matter said on Tuesday.
A deal, which would be the biggest for Indonesia, could transform the landscape in the country's e-commerce market, whose growth has accelerated as stay-at-home pandemic restrictions have stoked demand for food delivery and e-payments...
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