January 05, 2021
Indonesia’s Gojek Mulls $18 Billion Merger With Tokopedia
Indonesia’s ride-hailing and payments platform Gojek is in talks with eCommerce innovator Tokopedia for an $18 billion merger, Bloomberg reported on Tuesday (Jan. 5), citing sources. Gojek and SoftBank-backed Tokopedia...
December 03, 2020
Grab & Gojek Reportedly To Merge
A mega-merger between Grab Holdings and Gojek is getting closer to being realized in what would be the biggest tie-up of online firms in Southeast Asia, Bloomberg reported on Wednesday...
December 02, 2020
Grab And Gojek Reportedly Closing In On Mega-Merger
A mega-merger between Grab Holdings and Gojek is getting closer to being realized in what would be the biggest tie-up of online firms in Southeast Asia, Bloomberg reported on Wednesday...
November 17, 2020
Indonesian Super App Gojek Closes $150M Funding Deal With NSP...
Indonesian super app Gojek is closing a $150 million funding deal with Indonesian network service provider (NSP) Telkomsel, a subsidiary of Telkom Indonesia and Singtel. “The collaboration between Telkomsel and...
October 26, 2020
Google To Invest In Indonesia’s Online Marketplace Tokopedia
Google’s push into eCommerce is taking it to Indonesia, where online shopping is growing at explosive rates in the wake of the coronavirus pandemic. The Alphabet unit and Singapore’s state...
October 15, 2020
SoftBank Steps Up Pressure For Grab, Gojek Deal
Masayoshi Son, founder of SoftBank, is trying to forge a truce between rivals Grab and Gojek so the two companies can continue negotiating an acquisition, Bloomberg reported. Representatives of the...
September 13, 2020
SoftBank Considers Going Private After Asset Sales, Report Says
Talks have been revived for SoftBank to take itself private amid a series of disappointments to the company’s equity valuation compared to the value of its individual holdings, Financial Times...
September 13, 2020
Gojek, Grab Renew Merger Talks With SoftBank’s Support
Six months after merger talks stalled between two of Southeast Asia’s ride-hailing companies, Gojek and Grab Holdings have resumed negotiations, the Financial Times (FT) reported. Shareholders, including Japan-based SoftBank, which...
September 04, 2020
Report: SoftBank Buy Propelled Summer Tech Stock Surge
A multi-billion dollar investment by Japan’s SoftBank Group Corp. in stock options tied to individual technology companies helped the sector, and the rest of the market with it, seemingly defy...