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GoTo

goto profitability loss
News

GoTo stays focused on profitability even as its loss widens

March 22, 2023 Joana Bagano 0

Indonesia’s GoTo reported a loss of $2.6 billion for 2022, 56% higher than last year. However, GoTo’s 2022 revenue also doubled in the same time period. Read more…

GoTo workers
News

GoTo, Indonesia’s biggest tech firm, laying off 1300 workers

November 19, 2022 News Centre 0

Indonesia’s biggest tech firm GoTo Gojek Tokopedia said on Friday it was laying off 1,300 workers, or 12% of its workforce due to an uncertain economic outlook. Read more…

Go-Jek goto IPO
News

GoTo IPO scores $1.1 billion, raises hopes for Indonesian tech

April 11, 2022 News Centre 0

GoTo soars up to 23% in its market debut after its IPO raises $1.1 b, fuelling expectations of more unicorns from Indonesia’s tech sector. Read more…

GoTo Indonesia
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Indonesia’s GoTo looks to raise at least $1 billion for IPO

March 25, 2022 News Centre 0

GoTo Group, Indonesia’s biggest tech firm, has received sufficient investor orders for its IPO that could raise at least $1.1 billion. Read more…

GoTo is IPO Indonesia
News

GoTo is pressing ahead with $1.25 billion IPO despite market tensions

March 18, 2022 Joana Bagano 0

GoTo Group plans to raise up to $1.25 billion through an IPO on the Indonesia Stock Exchange rather than jump on the SPAC bandwagon. Read more…

GoTo is IPO Indonesia
News

Indonesia’s GoTo reportedly eyeing $2 billion in pre-IPO talks

July 28, 2021 Joana Bagano 0

GoJek and Tokopedia owners are moving to raise as much as $2 billion ahead of a rumoured initial public offering (IPO) for GoTo. Read more…

GoTo Indonesia Tokopedia Gojek
News

Indonesia’s Gojek, Tokopedia merge to create mega tech company GoTo

May 17, 2021 News Centre 0

Indonesia’s Gojek and Tokopedia to merge and create a multi-billion dollar tech company called GoTo in the country’s largest-ever deal. Read more…

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