JAKARTA -- Two of Indonesia's largest tech startups, Gojek and Tokopedia, announced on Monday they will merge and look to go public this year, a move that will create one of Southeast Asia's biggest tech conglomerates and cover everything from ride hailing and digital payments to e-commerce.
The merger will reshape the competitive landscape of the region's tech scene, which will now primarily be based around a three-way battle of the titans between Singapore-based Sea, Grab and the newly formed GoTo Group, which will bring together Gojek and Tokopedia.
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