There is Intervention of Rich People in the Gojek-Grab Merger

JAKARTA – Rumors of the joining of two online motorcycle taxi companies, Gojek and Grab, are increasingly being heard. Moreover, it was reported that there was a “very strong” person among the investors who was said to be incessant to unite the two biggest transportation rulers in Southeast Asia.

Launch from the report Financial TimesThese serious talks took place between investors who invested in the two companies ride hailing that. Given that these two companies have been competing for a long time to win over their customers.

“The power at play here is higher than just what Grab or Gojek want, or simply don’t want. This is about a number of long-term influential shareholders in both companies looking to stem losses or find ways to get out of their investment,” said Salah. one investor from Grab, was quoted as saying VOI, Thursday, March 12th.

Also read:

Gojek and Grab Want to Merge to Become a Jumbo Company?
Ojek rates On line in Jabodetabek Officially Increasing, How is the Service?
Gojek Receives Blue Bird Shares Worth IDR 410 billion

When detailed, Gojek, which is based in Jakarta, gets investment from Vincent and Google. Meanwhile, Grab, which is headquartered in Singapore, received large investments from SoftBank and Microsoft.

Actually, a serious conversation between the two decacorn the largest in Southeast Asia is indeed quite intense. At least the rumors of the Gojek and Grab merger were widely heard when Softbank founder and CEO Masayoshi Son visited Jakarta some time ago.

“Given the dynamics of the two parties being equally open, there is greater will at the highest level. Despite that there are complex power issues,” said one shareholder.

The facts regarding these serious negotiations reflect how the startup investment environment has changed in Asia. Where recently both entrepreneurs and investors have prioritized company growth at the expense of profits.

Based on calculations Tech in AsiaIf Gojek and Grab officially join forces, it is estimated that the fund will be valued at more than 23 billion US dollars or more than Rp336 trillion at the current rupiah exchange rate. The fund’s valuation was obtained from the expansion efforts of the two companies in Indonesia, Singapore, Thailand and Vietnam.

The English and Chinese versions are automatically generated by the system. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)

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