Indonesia is poised for a three-way super app battle with Grab preparing for its US listing through a mega SPAC deal and Indonesia’s Gojek wrapping up its merger with e-commerce unicorn Tokopedia as they take on Southeast Asia’s most valuable public entity, Sea Group.
It is believed that the recent monumental moves of both Grab and the imminent Gojek-Tokopedia (GoTo) combine were driven, to some extent, by the trajectory of the Singapore-based Sea Group.
