Post by Rajah & Tann Asia
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📣 MARKETING MONDAYS 📣 Our Indonesia office Assegaf Hamzah & Partners’ M&A team acted as the Indonesian legal counsel to Gojek, Indonesia’s first decacorn, in the merger with Tokopedia, one of Indonesian largest and most recognised unicorns. The merger, effective on 17 May 2021, formed GoTo Group, which is poised to become the largest technology group in Indonesia, creating a “go to” ecosystem for daily life by combining e-commerce, on-demand services, and financial services. GoTo Group generated a gross transaction value of more than US$22 billion in 2020, with more than 1.8 billion transactions and up to 100 million monthly active users. The group also contributes 2% to Indonesia’s total GDP. Partners Bono Adji and indira yustikania led the transaction, together with Associates Fanissa Runalita and wyncent halim. Read more about the partners who are involved in this case: Bono Adji: https://lnkd.in/gyDNWrk Indira Yustikania: https://lnkd.in/gTsH3TB #MarketingMondays #DealHighlight #GoTo #Technology #ECommerce #FinancialServices #AHP #RajahTannAsia #LawyersWhoKnowAsia