AirAsia is buying over Gojek's business in Thailand

Gojek's services in Thailand will no longer operate after 31st July.

Carl Adrian

7 Jul, 2021

AirAsia is buying over Gojek's business in Thailand | BEAMSTART News

- From our Sponsors -

AirAsia has made many acquisitions in the past, but this time around, it is a major one.

In a recent report by Nikkei Asia, AirAsia will be taking over Gojek's business in Thailand.

Key Information

  • AirAsia will be acquiring Gojek's business in Thailand in an all-stock deal.
  • Upon the acquisition, Gojek will own a 4.76% stake in AirAsia's "superapp" business.
  • Moving forward, Gojek's app in Thailand will cease to operate by end of July, with AirAsia's "superapp" taking over from August.
  • AirAsia CEO Tony Fernandes added that there will be "no redundancies arising from the transition".

Why It Matters

  • Gojek's business in Thailand is presently valued at around $50 million, while AirAsia's superapp business is valued at around $1 billion.
  • AirAsia has been aggressively diversifying their business in various areas outside of travel, with hopes that it will drive significant revenues and survivability for the company during the pandemic.
  • Gojek has also realized that the company hasn't been effectively been able to commit the right resources to Thailand, and decided to combine forces with AirAsia.

- From our Sponsors -

Latest Jobs

Legal Counsel, Asia

Gallons & Grapes Pte Ltd

Buona Vista, Singapore

Full Time

SGD 9000 — SGD 10500 monthly

English-Korean Freelance Transcriber in Singapore

Elite Asia


Contract / Freelance

Salary Undisclosed

Account Manager (Hybrid)


New York, NY, United States

Full Time

Salary Undisclosed

Customer Service Representative

Gamer's Hideout Sdn. Bhd.

Dataran Prima, Petaling Jaya, Malaysia

Full Time

MYR 3000 — MYR 4000 monthly



SIngapore, Singapore

Contract / Freelance

SGD 9 — SGD 11 monthly

English Technical/Legal Writer

Pacston Technology Group

Kuala Lumpur, Malaysia

Full Time

USD 20000 — USD 60000 monthly

Junior Accounts Cum Admin Assistant


Kallang, Singapore

Full Time

SGD 1600 — SGD 1800 monthly

Head of Developers


Manila, Philippines

Full Time

USD 2000 monthly

Carl Adrian

Partnerships & Content Coordinator at BEAMSTART

Based in Singapore

Work Experience Not Specified

Education Not Specified

Also Mentioned

Related Topics


More Related Stories

Community Discussions

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).