GoTo
Indonesia detains Gojek founder and former minister as suspect in graft case – report
Makarim was accused of misusing his authority as minister to enrich himself or a company, Nurcahyo said, in violation of Indonesia's anti-corruption laws.
Maybank raises GoTo’s FY25/26 core net income forecasts
Maybank Investment Bank has raised Indonesian tech platform GoTo Gojek Tokopedia (GoTo)'s core net income forecasts for FY25/26 by 9 percent/1 percent due to results house-keeping.
Indonesia’s GoTo reaffirms 2025 adjusted EBITDA guidance after record breaking performance
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has reaffirmed its 2025 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance of Rp1.4 trillion ($86.89 million)- Rp 1.6 trillion and remains on track to meet full-year targets.
Singapore’s Grab plans big convertible bond, fuelling hopes about GoTo deal – report
Grab said it will issue convertible bonds that mature in June 2030, partly to fund potential acquisitions.
NASDAQ-listed Grab denies reports of talks with Indonesia’s GoTo for a potential deal
Grab has held on-and-off talks with GoTo for years, according to earlier media reports. But a merger never materialized, partially due to antitrust concerns likely to arise from combining Southeast Asia’s two dominant ride-hailing and food-delivery groups.
GoTo and Alibaba Cloud complete cloud migration for GoTo Financial
GoTo Group, the largest digital ecosystem in Indonesia, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Thursday the successful migration of GoTo Financial’s infrastructure to Alibaba Cloud’s data centers in Jakarta, Indonesia.
Indonesia’s wealth fund Danantara weighs role in $7B Grab-GoTo deal – report
Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to people familiar with the matter, the report said.
Indosat and GoTo launch new 70 billion parameter Model with multilingual chat service
Indonesian tech firm PT GoTo Gojek Tokopedia Tbk (GoTo) and telecommunication company Indosat Ooredoo Hutchison have announced the latest advancement in Indonesia's open-source large language model (LLM) ecosystem with the launch of Sahabat-AI's 70-billion parameter model and multilingual chat service.
Maybank sees Grab-Gojek potential merge faces regulator risk in Singapore
While there have been numerous media reports of a potential merger between Grab and GoTo, analyst has seen a real risk of the regulator objecting to a Grab-Gojek merger in Singapore.
Singapore’s super app Grab looks to strike deal to acquire Indonesia’s GoTo in 2Q – report
Grab Co-Founder and CEO Anthony Tan declined to comment to TNGlobal's query on Grab-GoTo merger news when asked at GrabX event in Singapore last month.
