Investors are reportedly urging SoftBank to deliver Grab-Gojek tie-up in Indonesia

www.ft.com

Following on from The Information's scoop that Grab and Gojek have held exploratory acquisitions talks, the FT has an explosive report that shareholders are pushing SoftBank to make the union official. The reasoning is, apparently, simple: costly subsidies battles and skirmishing is making it hard for either company to ever be sustainable. That's a concern when even Uber isn't able to make its financials work. Indonesia is said to be the key market for the merger, which makes sense given Gojek's regional presence isn't anything like Grab's.

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