Indonesian unicorn Gojek is currently in talks to acquire local mobile point-of-sale startup Moka, an anonymous source close to Moka told Tech in Asia.
The deal is also expected to be worth over US$100 million, according to the source.
Moka, however, has already insisted that the development is only a rumor.
“It is a rumor and we do not comment on market speculation,” the company told DealStreetAsia.
Moka added that it is partnering with GoPay to “complete our payment ecosystem and provide more cashless payment options to our merchants.”
Gojek told KrAsia that it does not “comment on rumors and speculation.”
Indonesian unicorn Gojek is currently in talks to acquire local mobile point-of-sale startup Moka, an anonymous source close to Moka told Tech in Asia.
The deal is also expected to be worth over US$100 million, according to the source.
Moka, however, has already insisted that the development is only a rumor.
“It is a rumor and we do not comment on market speculation,” the company told DealStreetAsia.
Moka added that it is partnering with GoPay to “complete our payment ecosystem and provide more cashless payment options to our merchants.”
Gojek told KrAsia that it does not “comment on rumors and speculation.”