Alibaba Group Holding Ltd - ADR

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Officer Changes, Restructuring / Reorganization, Mergers / Acquisitions

Gojek And Tokopedia Combine To Form Goto

Published: 05/17/2021 05:29 GMT
Alibaba Group Holding Ltd - ADR (BABA) - :gojek and Tokopedia Combine to Form Goto.
Goto Group Combines E-commerce, On-demand and Financial Services.
Gojek's Andre Soelistyo Will Lead the Combined Business As Goto Group Ceo.
Goto Group Had Total Group Gross Transaction Value of Over Us$22 Billion in 2020.
Tokopedia’s Patrick Cao to Serve As Goto Group President.
Deal Backed by Major Investors Including Alibaba Group, Blackrock, Facebook, Google, Temasek, Tencent, Visa Etc.
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Goldman Sachs is Acting As the Financial Advisor to Gojek; Citi is Acting As the Financial Advisor to Tokopedia.
Further Company Coverage: 0700.
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Briefs@thomsonreuters.
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