Malaysia’s AirAsia acquires Gojek’s Thai business in $50m stock swap deal

Malaysia’s AirAsia acquires Gojek’s Thai business in $50m stock swap deal

Photo by Afif Kusuma on Unsplash

Malaysia’s budget airline carrier AirAsia Group is acquiring Indonesian ride-hailing and payments firm Gojek’s Thailand business in a stock swap deal, which would result in Gojek owning a 4.76% stake in AirAsia’s lifestyle platform.