Malaysia's AirAsia to buy Gojek's Thailand business for $50 million

KUALA LUMPUR: Malaysian budget airline AirAsia Group said its digital units have acquired two Thai technology businesses from Indonesian ride-hailing and payments firm Gojek for $50 million, according to a stock exchange filing on Wednesday.

The acquisition involved 100% of the equity interest in Velox Technology for $40 million by AirAsia SuperApp, and the entire equity in Velox Fintech for $10 million by AirAsia Digital.

AirAsia said the acquisitions will be satisfied by the issue of shares in AirAsia SuperApp, whereby the sellers will subscribe to ordinary shares representing 4.76% in AirAsia SuperApp.

Earlier, Nikkei Asia reported citing sources that AirAsia is in talks with Gojek to acquire its business in Thailand.

Under the deal, Gojek would take a stake in AirAsia's digital arm, while the low-cost carrier would acquire Gojek's business in Thailand.

A deal with the Indonesian startup unicorn comes just a week after the loss-making airline applied for a digital banking license in Malaysia, signaling a shift in focus towards digital business as most of its fleet remains grounded amid coronavirus restrictions.

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Beliau berkata, rakyat Malaysia perlu mempunyai tekad untuk memahami maksud dan keperluan perpaduan di kalangan mereka, serta kekuatan dalaman yang seterusnya dapat dijadikan tonggak untuk negara membuat langkah seterusnya.

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Menurut Ketua Polis Daerah Kuala Pilah, Superintendan Amran Mohd Ghani, siasatan awal mendapati warga emas berusia 65 tahun itu cuba memujuk anak lelakinya yang juga pemegang kad orang kurang upaya (OKU) mental yang dikatakan mahu membunuh diri.