/cloudfront-us-east-2.images.arcpublishing.com/reuters/IGE6S4Y6A5LVRCB4REAW4EJZXI.jpg "Indonesian govt agency to scrutinise Gojek-Tokopedia merger to avoid tech monopoly")
A Go-Jek driver rides a motorcycle on a street in Jakarta, Indonesia, Dec. 15, 2017. REUTERS/Beawiharta/File Photo/File Photo
Indonesia’s anti-trust agency (KPPU) on Thursday said it would scrutinise the multi-billion dollar merger of the country’s startups Gojek and Tokopedia to check for potential monopolistic behaviour.
Ride-hailing and payments firm Gojek and e-commerce leader Tokopedia announced their merge earlier this week into a tech company GoTo in Indonesia’s largest-ever deal. read more
The combined entity, which will span online shopping, courier services, ride-hailing, food delivery and other services in Southeast Asia’s largest economy, will be the biggest privately held technology firm
