The battle in food delivery is not pork. Spread of on-demand delivery giant Gojek withdraws investment in Thailand after parent company signed a merger agreement with Indonesian e-commerce giant Tokopedia.
On June 19, 2021, a business industry source, Prachachat Business, revealed that there was breaking news in the business industry that Gojek (Gojek), one of the grocery delivery companies in Thailand, is withdrawing its investment from Thailand. After constant intense competition in the market. The Indonesian parent company signed a merger agreement with the Indonesian e-commerce giant Tokopedia in May. and renamed GoTo
by agreement between Gojek and Togopädie in Indonesia. Valued at more than $ 18 billion, or more than 566 billion baht, the company is preparing to raise funds on the stock exchanges in both the US and Indonesia. and set a registration target of $ 35-40 billion or more than 1.1-1.26 trillion baht
The reporter also reported that Gojek has entered the Thai market since 2019, which was then using the service name GET (GET) before moving to Gojek in July 2020
By Mr Pinya Nittayakasetwat, Gojek’s then general manager for Thailand, said the brand name change shows that Thailand has remained a strategic country in Gojek’s business since GET was launched in 2019.
However, Mr. Pinya left the company six months ago and now Mr. Shree Chakravarthi is President of Gojek Thailand.
At the same time, Prachachat Business inquired with the company’s PR department and received the reply that there was no information on this matter.
