ASEAN 2021
Part 57: Thailand | AirAsia
AirAsia acquires Gojek’s Thai ops, to launch super app in August
Izzul Ikram July 07, 2021 17:18 pm +08
Quote:
KUALA LUMPUR (July 7): AirAsia Group Bhd said its digital unit AirAsia Digital has acquired Gojek’s operations in Thailand, and that it plans to launch its super app in early August.
AirAsia Group chief executive officer Tan Sri Tony Fernandes said the “win-win” all-share deal worth US$50 million sets both parties with a strong foundation to explore additional avenues for collaboration in ASEAN.
In a virtual press conference, Fernandes added that Gojek’s investment is valued at US$40 million while GoPay’s is at US$10 million, and these will be transferred into shares for the AirAsia Super App, which is valued at US$1 billion.
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https://www.theedgemarkets.com/artic...s-us50-million