Gojek, Tokopedia Merge To Create Indonesian Tech Giant Valued At $18 Billion

Indonesian ride-hailing and payments giant Gojek and e-commerce platform Tokopedia have agreed to merge as GoTo Group, creating an Indonesian tech behemoth that could compete with bigger Southeast Asian rivals such as Grab and Sea Group. Gojek co-chief executive officer Andre Soelistyo will lead the combined business as Group CEO....