Merger on the cards for Gojek and Tokopedia

Indonesian internet companies Gojek (a ride-hailing company) and Tokopedia (the country’s leading e-commerce business) are finalising a US$18 billion merger, with plans for the combined business to be called Goto – pronounced as “go to” reports The Business Times.

The top management for Goto will consist of four senior executives, with two coming from each company. The quartet includes Gojek’s co-chief executive officers (CEOs) Andre Soelistyo and Kevin Aluwi, and Tokopedia’s CEO William Tanuwijaya and president Patrick Cao.