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Gojek is Indonesia’s leading ride-hailing, mobile services and payments platform, and an important fixture more widely in southeast Asia Tokopedia is a tech-smart e-commerce company – toko means shop in Bahasa.īetween them their investor base includes Alibaba, BlackRock, Facebook, Google, KKR, PayPal, Temasek, Tencent and SoftBank powerful friends, indeed. Indonesian travel app Traveloka is evaluating a merger with a special purpose acquisition company (SPAC) as a possible option to go public, Reuters reported on. It’s a different version of a direct listing, but with more potential, says MDI Ventures’ Hartanto.
#Tokopedia spac driver#
In combination, its legacy businesses had gross transaction value of more than $22 billion through 1.8 billion transactions in 2020, with 11 million merchant partners and 100 million monthly active users supported by a registered driver fleet of two million. Indonesian unicorn Traveloka mulls SPAC merger to go public, following Tokopedia. Tokopedia, empowers millions of merchants and consumers to participate in the future of the economy. The company is working with investment banks on the plan and is in preliminary talks with. JAKARTA, an Indonesian e-commerce company backed by Microsoft, is weighing a US listing via a special purpose acquisition company, according to people familiar with the matter. The new business, to be called GoTo Group, has a lot going for it. Tokopedia is an online marketplace that allows individuals and small & midsize business owners to open and maintain their own online store easily and free, while providing better and safer online shopping experience to their customers. Microsoft-backed Bukalapak considers US listing via SPAC.
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It has been telegraphed for a while and became a necessity once Grab – Gojek’s closest equivalent in southeast Asia – opted out of a merger with its Indonesian counterpart and instead opted to boost its capital through a special purpose acquisition company (Spac) listing. The combination of Gojek and Tokopedia, two leading Indonesian platforms, is no surprise.