Ride-hailing company Gojek, arch rival of Singapore-based Grab, has announced a merger with Jakarta-based Tokopedia, Indonesia's largest e-commerce company by value of transactions.
The merged entity, called GoTo, had a combined gross transaction value of over US$22 billion (S$29.4 billion) last year. It has more than two million ride-hailing drivers and over 11 million merchants.
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