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Gojek and Tokopedia merge into new tech giant: Five things to know

Indonesian unicorns unite under GoTo as Southeast Asia digital rivalries heat up

GoTo Group's top executives Patrick Cao, left, and Andre Soelistyo. (Source photos by Karina Nooka) 

JAKARTA -- Gojek and Tokopedia announced on Monday their plan to create Indonesia's largest privately held tech company through a merger. GoTo Group, the name of the new holding entity, covers a wide range of e-commerce and everyday services, including a "superapp" for ride-hailing and finance, and heralds a new age of regional internet-based business competition.

Here are five things to know about the deal that brings together a pair of local unicorns in Southeast Asia's biggest economy and the world's fourth-largest country with more than 270 million people.

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