Hopes Pinned on Big Tech Merger

The integration of Gojek and Tokopedia as the two corporate giants into a new entity will certainly make them the biggest digital economy giants, not only in Indonesia, but also in Southeast Asia.

A few days ago, two business players in the Indonesian digital economy sector -- Gojek and Tokopedia -- announced to the public about the completion of a merger with the formation of a new entity called GoTo.

The merger carried out by Gojek and Tokopedia is categorized as a vertical merger, which aims to combine the development of their different core business from upstream to downstream.