Monday, January 4, 2021

Sources: Indonesia's Gojek is in advanced talks for a merger with local e-commerce giant PT Tokopedia; the combined entity would be valued over $18B (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
Sources: Indonesia's Gojek is in advanced talks for a merger with local e-commerce giant PT Tokopedia; the combined entity would be valued over $18B  —  - The deal would combine Indonesia's two most valuable startups  — Discussions with Grab hit impasse over question of control



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