| Date | Title | Description |
| 05.11.2024 | Apple предложила инвестировать $10 млн в производство в Индонезии, чтобы снять запрет на продажу iPhone 16 | Apple предложила инвестировать почти $10 млн в производство дополнительных товаров в Индонезии, чтобы снять запрет на продажу iPhone 16 в стране, рассказали источники South China Morning Post. В частности, американская корпорация и её контр... |
| 28.10.2024 | GoTo’s Q3 losses narrow to $109m as user figures rise | FintechNewsTransportation
Yong Jun Yuan · 6h ago · 2 min readGoTo’s Q3 losses narrow to $109m as user figures rise
Photo credit: GoTo Group
GoTo Group narrowed its losses by 29% to 1.7 trillion rupiah (US$108.6 million) for the third quarte... |
| 09.08.2024 | Singapore’s dining reservation platform Chope acquired by Grab | According to a Bloomberg report, Singapore-based ride-hailing and delivery company Grab Holdings Ltd expanded its services by acquiring restaurant reservation app Chope for an undisclosed amount.
As it looks to fend off competitors like GoT... |
| 01.07.2024 | Why investors aren’t buying GoTo’s decent Q2 results | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Simon Huang · 4h ago · 5 min readWhy investors aren’t buying GoTo’s decent Q2 resul... |
| 28.06.2024 | GoTo launches BNPL service on TikTok’s ShopTokopedia | EcommerceNews
Hykel Quek · 18h ago · 2 min readGoTo launches BNPL service on TikTok’s ShopTokopedia
Photo credit: Creativa Images / Shutterstock
Indonesian digital ecosystem GoTo Group, in a tie-up with TikTok, has launched its buy now, pay... |
| 29.05.2024 | GoTo hits new 52-week low amid share buyback plans | EcommerceNewsTransportation
Miguel Cordon · 2h ago · 2 min readGoTo hits new 52-week low amid share buyback plans
Photo credit: GoTo Group
GoTo Group‘s stock prices fell to a record low of 50 rupiah (US$0.0031) on June 10, but it ended the ... |
| 21.05.2024 | GoTo seeks nod for board changes, $200m buyback in next shareholder meet | ManagementNews
Samreen Ahmad · 5h ago · 2 min readGoTo seeks nod for board changes, $200m buyback in next shareholder meet
Photo credit: GoTo Group
Indonesia’s GoTo Group has unveiled plans for its upcoming annual general meeting and extrao... |
| 30.04.2024 | GoTo eyes private placement of 120.1 billion shares | Consumer TechNews
Samreen Ahmad · 6 May 2024 · 1 min readGoTo eyes private placement of 120.1 billion shares
Photo credit: Gojek
Indonesia’s GoTo plans to issue a maximum 120.14 billion series A shares, or 10% of its total issued and paid-u... |
| 25.04.2024 | GoTo to divest Tokopedia’s logistics unit in Q2 2024 | EcommerceNews
Jofie Yordan · 30 Apr 2024 · 2 min readGoTo to divest Tokopedia’s logistics unit in Q2 2024
Photo credit: GoTo Group
GoTo Group has announced that it will deconsolidate its logistics unit associated with Tokopedia in the secon... |
| 16.04.2024 | GoTo narrows adjusted losses by 89%, boosts gross revenue by 18% in Q1 | Consumer TechNews
Samreen Ahmad · 29 Apr 2024 · 2 min readGoTo narrows adjusted losses by 89%, boosts gross revenue by 18% in Q1
Photo credit: GoTo
Indonesia’s GoTo Group showed an 89% year-on-year improvement in adjusted EBITDA, reporting ... |
| 19.03.2024 | GoTo Group logs adjusted profit for Q4, plans to buy back $200m worth of shares | EcommerceNews
Lokesh Choudhary · 1d ago · 2 min readGoTo Group logs adjusted profit for Q4, plans to buy back $200m worth of shares
Photo credit: GoTo Group
After facing continuous losses, GoTo Group made a profit on an adjusted EBITDA basi... |
| 20.02.2024 | Atome CEO steps down, to join GoTo Financial | ManagementNews
Miguel Cordon · 21 Feb 2024 · 2 min readAtome CEO steps down, to join GoTo Financial
Atome CEO David Chen / Photo credit: Atome
Continuing a recent string of management shakeups in Southeast Asia’s startup scene, Atome CEO Da... |
| 09.02.2024 | GoTo denies rumors on potential Grab merger deal | NewsTransportation
Miguel Cordon · 14 Feb 2024 · 1 min readGoTo denies rumors on potential Grab merger deal
Photo credit: GoTo Group
Indonesian tech giant GoTo Group has dismissed rumors that it has been in any talks regarding a potential m... |
| 31.01.2024 | Tokopedia and TikTok complete mega merger as GoTo closes profitable Q4 | EcommerceNewsSocial Media
Miguel Cordon · 31 Jan 2024 · 2 min readTokopedia and TikTok complete mega merger as GoTo closes profitable Q4
Photo credit: Creativa Images / Shutterstock
Indonesia’s mega TikTok–Tokopedia merger deal has official... |
| 11.12.2023 | TikTok in $1.5bn investment with Indonesia tech giant GoTo | TikTok owner ByteDance is set to resume business in Indonesia by taking a majority 75.01% stake in Tokopedia with a promised $1.5bn investment.
Indonesian tech company GoTo will maintain a 24.99% minority stake in Tokopedia, reports Reuters... |
| 11.12.2023 | TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia | ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route to get there.
TikTok is putting up $1.5 billion in a n... |
| 11.12.2023 | TikTok invests USD 1.5 billion in GoTo’s Tokopedia to restart e-commerce business in Indonesia | So, it’s official. Following last week’s report of TikTok reaching a preliminary agreement with GoTo Group to collaboratively launch an online shopping service in Indonesia, both entities have confirmed this partnership in a statement joint... |
| 09.12.2023 | TikTok takes controlling stake in Tokopedia, to pour $1.5b in merged biz (Update) | EcommerceInvestments
Miguel Cordon · 11 Dec 2023 · 2 min readTikTok takes controlling stake in Tokopedia, to pour $1.5b in merged biz (Update)
TikTok Shop offline activity in Jakarta / Photo credit: TikTok
TikTok Shop and Tokopedia have agr... |
| 07.12.2023 | GoTo confirms discussions with TikTok for ecommerce partnership | EcommerceNews
Lokesh Choudhary · 8 Dec 2023 · 1 min readGoTo confirms discussions with TikTok for ecommerce partnership
Photo credit: GoTo Group
Indonesian super app GoTo Group has confirmed that it is in discussions with ByteDance-owned Ti... |
| 29.11.2023 | GoTo’s on-demand segment charts its roadmap to profitability | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Gabriel Budi Sutrisno · 1d ago · 5 min readGoTo’s on-demand segment charts its road... |
| 20.11.2023 | Sea Group targets more market share amid shifting economic tides | In a bid to counter escalating competition from industry giants Alibaba Group and TikTok, Sea Group recently unveiled an aggressive strategy to bolster its e-commerce business, particularly the Shopee platform, which constitutes 70% of its ... |
| 30.10.2023 | GoTo inches closer to profitability, shelves international IPO plans | News
Miguel Cordon · 30 Oct 2023 · 2 min readGoTo inches closer to profitability, shelves international IPO plans
Photo credit: GoTo Group
Posting its seventh consecutive quarter of adjusted EBITDA improvements, GoTo Group said it is contin... |
| 28.10.2023 | GoTo Group’s financial health in 4 charts | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Gabriel Budi Sutrisno · 30 Oct 2023 · 1 min readGoTo Group’s financial health in 4 ... |
| 18.10.2023 | GoTo, Bank Jago team up for new bank account offering | FintechNews
Miguel Cordon · 18 Oct 2023 · 1 min readGoTo, Bank Jago team up for new bank account offering
Photo credit: GoTo Group
GoTo Financial, GoTo Group‘s fintech arm, and Bank Jago have introduced a bank account for daily transactions... |
| 16.10.2023 | Tokopedia founder offloads $1.7m in GoTo shares | NewsTransportation
Miguel Cordon · 16 Oct 2023 · 2 min readTokopedia founder offloads $1.7m in GoTo shares
Photo credit: GoTo Group
GoTo Group‘s co-chairman William Tanuwijaya has sold a portion of his shares in the company, leading the gro... |
| 04.10.2023 | Deals in brief: EdgeCortix, Rainforest, and Roopya secure funding, Alphabet considering additional investment in OpenAI’s rival, and more | SBI Investment and GHOVC lead USD 20 million investment in EdgeCortix
The Tokyo-based artificial intelligence fabless architecture company has raised USD 20 million in a funding round led by SBI Investment and Global Hands-On VC (GHOVC). Re... |
| 03.10.2023 | Deals in brief: MADCash bags MYR 5 million, Visa jumps on generative AI bandwagon, Bain Capital leads investment in Vietnam’s Masan Group, and more | MADCash secures MYR 5 million in pre-Series A funding round led by Artem Ventures
The Kuala Lumpur-based fintech solutions provider has secured MYR 5 million (USD 1.05 million) in a pre-Series A funding round led by Artem Ventures. The roun... |
| 02.10.2023 | GoTo Group secures $150m from IFC to boost sustainability efforts | GreentechInvestmentsNews
Miguel Cordon · 3 Oct 2023 · 2 min readGoTo Group secures $150m from IFC to boost sustainability efforts
Photo credit: GoTo Group
Indonesia’s GoTo Group has formed a partnership with the International Finance Corpor... |
| 21.09.2023 | Presenting the judges for this year’s Startup Arena Pitch Battle | ConferencePaid partnershipStartup Arena
Stefanie Yeo · 25 Sep 2023 · 3 min readPresenting the judges for this year’s Startup Arena Pitch Battle
In partnership with
The 2023 Tech in Asia Conference is less than a month away, which means that... |
| 23.08.2023 | GoTo directors acquire 1 billion shares, totaling $140k | InvestmentsNews
Jofie Yordan · 24 Aug 2023 · 2 min readGoTo directors acquire 1 billion shares, totaling $140k
Photo credit: rafapress / Shutterstock
GoTo Group directors Catherine Hindra Sutjahyo and Hans Patuwo have acquired 1.06 billion ... |
| 14.08.2023 | GoTo on track to profitability, loss narrows 56% in Q2 | EcommerceNewsTransportation
Gabriel Budi Sutrisno · 1d ago · 2 min readGoTo on track to profitability, loss narrows 56% in Q2
Photo credit: Shutterstock
GoTo Group posted a net revenue of 3.6 trillion rupiah (US$232 million) in the second q... |
| 14.08.2023 | 9 Fintech Firms from Southeast Asia Make CNBC’s 2023 Top 200 Fintech Leaderboard | Nine fintech companies headquartered in Southeast Asia were named among the world’s top 200 fintech businesses, recognized by business media outlet CNBC and independent research firm Statista for their reach, growth and leadership position ... |
| 28.07.2023 | Halodoc raises $100m series D in Astra-led round | InvestmentsNewsStartups
Gabriel Budi Sutrisno · 28 Jul 2023 · 2 min readHalodoc raises $100m series D in Astra-led round
The Halodoc app/ Photo credit: 123rf
Halodoc, the Indonesia-based healthtech firm, raked in US$100 million in series D ... |
| 28.07.2023 | Gojek doubles down on food delivery with Deliveroo, MoMo partnerships | NewsStartupsTransportation
Shadine Taufik · 1 Aug 2023 · 2 min readGojek doubles down on food delivery with Deliveroo, MoMo partnerships
Photo credit: Gojek
Gojek, the Indonesian super app that forms one-half of GoTo Group, has introduced a... |
| 25.05.2023 | GoTo seeks shareholder approval for private placement | InvestmentsNews
Jofie Yordan · 25 May 2023 · 1 min readGoTo seeks shareholder approval for private placement
Photo credit: GoTo
Indonesian tech titan GoTo seeks shareholder approval to raise new capital through a private placement of shares... |
| 30.04.2023 | Spend management space sees a large raise, and layoffs, in the same week | Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, we’ll... |
| 27.04.2023 | Muslims come into the frame in Southeast Asia’s fintech boom | Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But found... |
| 21.11.2022 | GoTo Group’s Q3 revenue jumps 30%, operating loss rises | News
Aditya Hadi Pratama · 1d ago · 2 min readGoTo Group’s Q3 revenue jumps 30%, operating loss rises
GoTo Group‘s third-quarter gross revenue jumped 30% to 5.9 trillion rupiah (around US$375 million) compared with the same period last year... |
| 11.10.2022 | The rise of fintech in Southeast Asia | Financial technology (fintech) is booming in Southeast Asia (SEA). Fintech funding in the region more than tripled to hit a record USD 3.5 billion in the first nine months of 2021, compared to USD 1.1 billion for all of 2020.
The fastest-gr... |
| 21.09.2022 | Meet the judges of Startup Arena Pitch Battle 2022 | ConferenceStartup ArenaTIA Partnership
Stefanie Yeo · 8h ago · 3 min readMeet the judges of Startup Arena Pitch Battle 2022
In partnership with
The 2022 Tech in Asia Conference has kicked off at Marina Bay Sands in Singapore, which means th... |
| 19.09.2022 | Introducing the six finalist startups of Startup Arena 2022 | ConferenceStartup ArenaTIA Partnership
Winston Zhang · 16h ago · 3 min readIntroducing the six finalist startups of Startup Arena 2022
In partnership with
Six contenders will go head to head in the grand finals of this year’s Startup Arena ... |
| 06.06.2022 | Gojek chief to quit executive roles, join GoTo board of commissioners | ManagementNewsStartups
Shadine Taufik · 1d ago · 2 min readGojek chief to quit executive roles, join GoTo board of commissioners
Indonesia’s GoTo group – the merger of Gojek and Tokopedia – said Kevin Aluwi, CEO of Gojek and director of GoT... |
| 30.05.2022 | GoTo Group’s quarterly revenue surges 53% | EcommerceNewsStartups
Aditya Hadi Pratama · 17h ago · 1 min readGoTo Group’s quarterly revenue surges 53%
GoTo Group said its first-quarter gross revenue surged 53% from a year ago to 5.2 trillion rupiah (around US$357 million), propelled b... |
| 23.05.2022 | GoTo to renew option to raise further funds (Updated) | InvestmentsNewsStartups
Aditya Hadi Pratama · 23 May 2022 · 2 min readGoTo to renew option to raise further funds (Updated)
Update (May 24, 11:30 a.m. SGT): This article was updated with a comment from a GoTo spokesperson and to reflect the... |
| 11.04.2022 | Indonesia’s GoTo makes stock market debut with $1.1B IPO | - |
| 31.03.2022 | GoTo begins $1.1b IPO process | NewsStartupsTransportation
Aditya Hadi Pratama · 10h ago · 2 min readGoTo begins $1.1b IPO process
GoTo Group, formed through the merger of Gojek and Tokopedia, is set to raise 15.8 trillion rupiah (around US$1.1 billion) in a local listing... |
| 25.03.2022 | GoTo’s IPO priced higher than Bukalapak, Bank Neo Commerce | InvestmentsNewsStartups
Deepti Sri · 25 Mar 2022 · 1 min readGoTo’s IPO priced higher than Bukalapak, Bank Neo Commerce
The IPO offering price of GoTo Group – the merged entity of Gojek and Tokopedia – is valued “significantly higher” than ... |
| 21.03.2022 | GoTo Group set to raise $1.2b in local IPO at $29b valuation (Updated) | NewsStartups
Aditya Hadi Pratama · 11h ago · 1 min readGoTo Group set to raise $1.2b in local IPO at $29b valuation (Updated)
Update (Mar. 21, 3 p.m. SGT): This article was updated to include the postponement of the IPO date from April 4 to... |
| 15.03.2022 | Indonesian Tech Giant GoTo Eyes $1.25 Billion IPO At $29 Billion Valuation | Andre Soelistyo poses for a photograph on the sidelines of the Bloomberg Sooner Than You Think ... [+] technology event in Singapore, on September 5, 2019. Paul Miller/Bloomberg |
| 06.03.2022 | GoTo Group adopts Gojek’s sustainability initiative | NewsStartups
Thao Lam La · 2d ago · 2 min readGoTo Group adopts Gojek’s sustainability initiative
Indonesian tech firm GoTo Group has expanded its “Three Zero” commitments across the company’s entire ecosystem, including Tokopedia and GoTo ... |
| 04.03.2022 | GoTo allocates shares worth $22m to its drivers in Indonesia | NewsStartups
Aditya Hadi Pratama · 4 Apr 2022 · 2 min readGoTo allocates shares worth $22m to its drivers in Indonesia
GoTo Group said it will allocate around 920 million series A shares to its driver partners under a program called Gotong ... |
| 10.01.2022 | Indonesian aquatech startup eFishery nets $90m in Sequoia, SoftBank-led Series C | Indonesian startup eFishery, which provides technology and services for aquaculture farmers, has raised $90 million in Series C funding.
The round was co-led by Singaporean sovereign fund Temasek, the Indian unit of VC firm Sequoia Capital,... |
| 10.01.2022 | BREAKING: Indonesian aquatech startup eFishery nets $90m in Sequoia, SoftBank-led Series C | Indonesian startup eFishery, which provides technology and services for aquaculture farmers, has raised $90 million in Series C funding.
The round was co-led by Singaporean sovereign fund Temasek, the Indian unit of VC firm Sequoia Capital,... |
| 17.12.2021 | Indonesia’s most valuable tech startup GoTo Group hires banks for its $1 billion IPO | GoTo Group, a unicorn tech startup created in May as a result of a merger between Indonesia’s internet startups Gojek and Tokopedia, announced in November that it raised $1.3 billion in a pre-initial public offering (IPO) funding round. Now... |
| 01.12.2021 | Grab Starts Trading Thursday On Nasdaq As Altimeter Shareholders Approve SPAC Deal | Grab group CEO and cofounder Anthony Tan in his Grab delivery outfit. Every so often, he makes ... [+] deliveries himself, either by bicycle or on foot. SEAN LEE FOR FORBES ASIA |
| 11.11.2021 | GoTo Raises $1.3 Billion As Indonesian Ride-Hailing And Payments Giant Prepares For IPO | A Gojek driver checks his mobile phone in Jakarta, Indonesia, on January 5, 2021. Dimas Ardian/Bloomberg |
| 10.11.2021 | Indonesia’s GoTo Group raises over $1.3B in first pre-IPO close | Indonesia-based startup GoTo Group announced today it has secured more than $1.3 billion in the first close of its pre-IPO funding.
The latest round was led by Abu Dhabi Investment Authority (ADIA), with participation from Avanda Investment... |
| 20.10.2021 | GoTo Raises $400 Million From Abu Dhabi Fund-Led Investors As Indonesian Tech Giant Prepares For IPO | A Gojek driver, right, picks up a PT Tokopedia order at a Titipaja fulfillment center in Jakarta, ... [+] Indonesia, on May 24, 2021. Dimas Ardian/Bloomberg |
| 16.05.2021 | Gojek and Tokopedia merge to form GoTo Group | Ride-hailing giant Gojek and marketplace Tokopedia, Indonesia’s two biggest startups, said on Monday they have combined their businesses to form GoTo Group, the largest technology group in the Southeast Asian nation, the fourth most populou... |
| - | Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs | Employees across all Southeast Asia markets from all levels are affected by the layoffs, according to the person who declined to be named due to the sensitive nature of the subject.
“We are making proactive adjustments to transform our work... |
| - | Indonesia’s GoTo denies merger talks with ride-hailing rival Grab | Indonesian tech giant GoTo on Tuesday denied it is in merger discussions with Singapore-based ride-hailing rival Grab.
“The company would also like to emphasize that currently, the company is not having any discussion on such matters,” said... |
| - | GoTo shares up by 15% in initial trading, giving valuation of $32b | NewsStartups
Aditya Hadi Pratama · 17h ago · 2 min readGoTo shares up by 15% in initial trading, giving valuation of $32b
GoTo Group, formed through the merger of Gojek and Tokopedia, has officially listed on the Indonesian Stock Exchange (... |
| - | GoTo launches food delivery service on Tokopedia | EcommerceFintechNewsTransportation
Xavier Kong · 1d ago · 1 min readGoTo launches food delivery service on Tokopedia
GoTo Group, the merged entity of Indonesian tech firms Gojek and Tokopedia, has launched online food delivery service GoFoo... |
| - | Indonesia’s GoTo has lost almost 70% of its valuation since its April IPO | Indonesia’s GoTo Group has lost almost 70% of its initial valuation of $28 billion since its Jakarta debut in April.
Last week was GoTo’s roughest as early backers passed on a secondary share offering ahead of the stock’s lock-up expiration... |
| - | Shares of Indonesia’s GoTo fall more than 4% as 2022 loss swells to $2.6 billion | Shares of Indonesia’s GoTo sunk 2.78% in early hours of trading on Tuesday, after the firm reported a wider net loss in 2022.
While fourth-quarter 2022′s adjusted EBITDA loss improved, the company still lags behind peers such as Grab and Se... |
| - | Indonesia’s tech giant GoTo Group raises $1.3 billion ahead of IPO plans | Indonesia’s GoTo Group has secured $1.3 billion from investors in the first close of an ongoing funding round ahead of a planned initial public offering, the technology company said Thursday.
Backers include tech titans like Google and Tenc... |
| - | GoTo shares drop as the company unveils a $5.8 billion loss after selling its e-commerce platform to TikTok | GoTo, Indonesia’s biggest tech company, hit a milestone in the most recent quarter, achieving its first-ever positive earnings before interest, taxes, depreciation and amortization (EBITDA). The superapp provider reported 77 billion Indones... |
| - | Hong Kong stocks jump 4% as China relaxes some virus rules | This is CNBC’s live blog covering Asia-Pacific markets. |
