The potential Gojek-Tokopedia merger with Rama Mamuaya

Analyse Asia with Bernard Leong

Fresh out of the studio, in episode 340, Rama Mamuaya from DailySocial in Indonesia joined us to discuss a potential merger between Gojek, Indonesia's largest ride-hailing app and Tokopedia, the largest ecommerce site in Indonesia, and what it would mean for the most important market in Southeast Asia as well as their key rivals: Grab and SEA Group with Shopee. Rama introduced the backstory of Tokopedia, and discuss the dynamics on how Tokopedia and Gojek would merge under a SPAC backed by Peter Thiel and Richard Li. He provided the key reasons to why Grab and Gojek will not merge and offered his perspectives on how this will mean for the future of Indonesia startup scene.