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Gojek and Tokopedia – the two most valuable unicorns in Indonesia, with a combined valuation of US$18 billion – are reportedly close to a merger. Why is this happening, and how will it change the tech ecosystem in Southeast Asia?
Tokopedia is the highest-valued home-grown consumer-to-consumer e-commerce platform in Indonesia, worth US$7.5 billion. It received more than US$2 billion in its past two rounds of funding from investors led by Softbank and Alibaba Group, which owns the South China…
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