Logos of “Go-Jek” and “Grab” are seen on the helmets of an online motorcycle taxi driver and his passenger on Nov. 12 in a traffic jam on Jl. Basuki Rachmat in Jakarta. (The Jakarta Post/Iqro Rinaldi)
The government has confirmed ongoing merger talks between GoTo and Grab, with state asset fund Danantara taking part in the process amid mounting losses from the state-owned firm’
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