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Grab and GoTo deny merger discussions but speculation has fueled fears over foreign control, state involvement
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Grab and GoTo deny merger discussions but speculation has fueled fears over foreign control, state involvement
Singapore’s Grab and Indonesia’s tech behemoth GoTo have denied reports of merger talks, but the speculation alone has reignited deeper anxieties over consolidation in Indonesia’s digital economy, where concerns about foreign influence, job security and the potential reach of the state abound.
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