AirAsia to acquire Gojek's Thailand operations - Breaking The News

AirAsia to acquire Gojek's Thailand operations

7 July

1 min read

EPA-EFE/FRANCIS R. MALASIG

AirAsia Berhad will take over the Thailand branch of digital payment tech company Gojek, the Malaysian airline announced on Wednesday.

Gojek and AirAsia confirmed that the companies reached a share swap deal, with the Malaysian tech firm gaining a stake in AirAsia's branched dubbed "superapp."

"By taking on Gojek's well-established Thai business, we'll be able to turbocharge our ambitions in this space to become a leading ASEAN challenger superapp," AirAsia CEO Tony Fernandes commented.

AirAsia shares jumped more than 2% after the announcement.

mergers and acquisitions airasia gojek

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