Malaysia’s budget airline carrier AirAsia Group is acquiring Indonesian ride-hailing and payments firm Gojek’s Thailand business in a stock swap deal, which would result in Gojek owning a 4.76% stake in AirAsia’s lifestyle platform.
AirAsia will acquire Gojek’s business for $50 million worth of shares in AirAsia SuperApp Sdn Bhd, valuing the division at around $1 billion.
