Announced
Financials
Sources
Tags
Pending
Majority
Cross Border
Acquisition
digital payments
Private
Single Bidder
Thailand
Payments / Commerce
Friendly
on-demand service provider
Synopsis
AirAsia, a Malaysian multinational airline, agreed to acquire the Thailand business of Gojek, an on-demand multi-service platform, for $50m. Under the deal, Gojek would take a stake in AirAsia’s digital arm, while the low-cost carrier would acquire Gojek’s business in Thailand.
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