JAKARTA – The merger of Gojek and Tokopedia is increasingly showing a bright spot. The reason is, currently awaiting approval from shareholders.
Launching Reuters, Jakarta, Saturday (10/4/2021), from a source, the latest news is that the two startup companies are seeking approval from shareholders for the proposed merger.
Also read: Gojek-Tokopedia Plans for Merger, Coordinating Minister Airlangga Opens Voice
The merger agreement will be pegged at USD 18 billion. This value will be the greatest for Indonesia.
The merger is thought to increase the scale of the business. Where, by offering shopping services, courier services, and other services in one platform.
Also read: Gojek and Tokopedia have not entered the 2021 IPO list
Service scale up is possible. Given that Gojek comes from a ride-hailing company and Tokopedia is e-commerce.
According to sources, he declined to be identified because of the sensitivity of the problem. Gojek and Tokopedia did not respond to Reuters requests for comment.
Previously, the issue of the merger between Gojek and Tokopedia was widespread at the beginning of this year. The two startups have been considering a potential merger since 2018.
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