NEWS ANALYSIS

How ride will Grab-Gojek merger be?

Grab is worth about US$4 billion more, but Gojek is strong in the key Asean market of Indonesia; both are under pressure to turn a profit and list

THE ride-hailing sector is abuzz with merger talks between Grab and Gojek. Will it be a merger or a takeover? Who's the acquirer and who's the target?

At first blush, Grab may seem to be the dominant force over its Indonesian rival Gojek, with the former reportedly valued at US$14 billion