U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
AirAsia, Malaysia’s budget carrier, is reportedly in the final stages of discussions to buy Gojek's business in Thailand. The deal with the Indonesian tech company will be another step for the fulfillment of the airline’s goal of generating growth in its digital business.
Industry insiders that have knowledge of the matter told Nikkei Asia that with the deal, Gojek is also modifying its regional business. The company is slowly reshaping its business since it announced its deal with Tokopedia in May. It is one of the biggest e-commerce platforms in Indonesia, and the strategic merger gave birth to GoTo Group.
The acquisition of AirAsia
It was reported that a source from the government shared that AirAsia’s acquisition of Gojek has been approved by the officials. With that, the deal between the companies may be announced soon, but it is also possible that there could be some delays.
Another source revealed that AirAsia and Gojek’s deal is about sharing what their companies have. In this case, it was said that the latter would take stakes in AirAsia’s Super App business. A different source with knowledge of the matter said the deal will be a share swap between Gojek and AirAsia, where Gojek takes stakes in AirAsia's super app business, and in turn, the airline will take over the tech company’s business in Thailand.
AirAsia Digital is already offering food and fresh food delivery in addition to courier services, payments, and e-commerce business. However, it does not have ride-hailing like the other big competitors in the market, so Gojek is a good investment for the company.
"In this way, AirAsia would make its foray into the ride-hailing business as well as expand its food delivery business, which is available in Malaysia and Singapore," an insider that cannot be named due to the confidential nature of the business stated.
The value and financial details of the deal
As per Reuters, AirAsia will be acquiring Gojek's business in Thailand for $50 million worth of shares in the carrier’s Super App unit that is said to be worth around $1 billion. As part of the agreement, the airline will then grant Gojek a 4.76 percent stake in AirAsia's lifestyle platform.
"By taking on Gojek's well-established Thai business, we'll be able to turbo-charge our ambitions in this space," Tony Fernades, AirAsia’s chief executive officer, said in a statement.
