GoTo
GoTo’s revenue rises 30 percent year on year to $375M in 3Q
PT GoTo Gojek Tokopedia Tbk (GoTo), the Indonesia merged entity of Gojek and Tokopedia, announced Monday that its gross revenue up 30 percent year on year to Rp5.9 trillion ($375 million), above middle point of guidance range, as all segments registered growths. Meanwhile, its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA)…
November 22, 2022
GoTo’s 2Q revenue up 45 percent to $370.38M
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Tuesday its gross revenue for the second quarter of 2022 increased by 45 percent year on year to Rp5.5 trillion ($370.38 million), driven by its ongoing monetization efforts.
August 31, 2022
Indonesia’s GoTo launches GoFood on Tokopedia
PT GoTo Gojek Tokopedia Tbk (GoTo), the Indonesia merged entity of Gojek and Tokopedia, has further strengthened synergies across its platforms with the launch of GoFood, its online food delivery service, on Tokopedia.
August 12, 2022
News,FinTech,Indonesia,SEA,eCommerce,Transportation
Indonesia’s GoTo expands its sustainability commitments
PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero Waste, Zero Barriers) across its ecosystem, forming a consolidated approach and strategy for the company, united behind common sustainability goals.
June 3, 2022
News,FinTech,Indonesia,SEA,eCommerce,Transportation
Indonesia tech giant GoTo shares close 13% up on market debut
GoTo previously said it is also considering a listing in another market such as the US, according to earlier reports.
April 11, 2022
Indonesia’s GoTo allocates over $20M to driver-partners under share program
Ahead of its initial public offering (IPO), PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Monday it will allocate over $20 million to driver-partners. In Indonesia, the driver-partners will receive a share grant under the Gotong Royong share program.
April 4, 2022
Indonesia’s GoTo to raise $1.1B in IPO
Indonesia's largest tech firm GoTo Group said Thursday it will raise total $1.1 billion in its initial public offering (IPO), which would make this the third largest IPO in Asia and fifth largest in the world this year. The IPO price has been set in the top half of the range at IDR338 ($0.024) per share, representing a projected market capitalization of…
April 1, 2022
News,Indonesia,eCommerce,Investments
Indonesia’s GoTo to complete $2B funding round, eyes IPO in 2022 – report
The delay comes as Indonesia's Financial Services Authority (OJK) considers new listing guidelines for tech companies to offer dual-class shares that confer different voting rights.
August 20, 2021
Southeast Asia market opportunities uncovered
Now is a better time than ever to be investing in Indonesia's digital ecosystem and help back the next generation of entrepreneurs building disruptive businesses. In the next ten years, we'll see over half of the top 20 largest market cap businesses on the IDX being digital-first businesses.
August 18, 2021
GoTo’s revenue rises 30 percent year on year to $375M in 3Q
November 22, 2022
GoTo’s 2Q revenue up 45 percent to $370.38M
August 31, 2022
Indonesia’s GoTo to raise $1.1B in IPO
April 1, 2022
Southeast Asia market opportunities uncovered
August 18, 2021