I-95 construction in Palm Beach County: 'You're investing in the ability to move in the future'

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Associated Press

Indonesia’s Gojek, Tokopedia to merge as GoTo Group

Indonesian ride hailing company Gojek and the country’s biggest e-commerce firm Tokopedia said Monday that they are merging to form the GoTo Group, adding to surging competition in Southeast Asia that is attracting billions of dollars from investors. The companies said the deal was Indonesia’s biggest ever, based on historical fundraising rounds for Gojek, priced in 2019, and Tokopedia, priced in early-2020, that put the combined past valuations of both companies at $18 billion. The new company will provide services from ride-hailing and financial services to e-commerce.