Gojek and Tokopedia, two of Indonesia’s biggest internet companies, are finalizing their $18 billion merger to create a giant in ride-hailing, food delivery and e-commerce. The two companies plan to call the combined business Goto—pronounced “go to”—and both sides expect to close the deal as early as this month, people with knowledge of the matter said. Goto’s top management team will consist...
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How Netflix Can Regain Momentum
We’re now just a couple of weeks away from the second-quarter earnings reporting season. And if history is any guide, first out of the gate will be Netflix’s report on July 19, which is likely to be one of the most closely watched tech earnings updates of the quarter. Netflix’s first-quarter report, revealing a tiny drop in subscribers and forecasting a bigger one for the second quarter,...
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