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Target doubles growth forecast, but cites caution as consumers remain stretchedThe $59-billion retailer has muddled through three straight years of declining revenue as cost-conscious shoppers moved to cheaper options....- Flexi cap mutual funds see record Rs 10,147 crore inflows in April. Are investors turning cautious amid market volatility?Flexi cap mutual funds attracted a record Rs 10,147 crore in April, despite moderating equity inflows and market volatility. Experts sugges...
- Bitcoin holds near $80,000 after rejection at $82,500; ETF outflows trigger cautious sentimentBitcoin hovers near the $80,000 mark. Experts note cautious sentiment following outflows from US-listed spot Bitcoin ETFs. Major altcoins l...
- Grab-GoTo deal hits snag caused by state-backed holder’s stakeGrab’s planned multibillion-dollar takeover of GoTo has stalled as Telkomsel, a state-linked shareholder, resists selling its 2% stake at c...
- SoftBank posts first annual profit in four years, but Ola and Swiggy weigh on Vision Fund 2 in Q4SoftBank Group reported a $708 million investment loss for its Vision Fund 2 in the January-March quarter, primarily due to the poor perfor...
- Grab weighs takeover of rival GoTo at $7 billion valuationDiscussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, the people said. The firms — the t...
- Singapore’s Grab plans biggest round of layoffs since pandemicGrab Holdings Ltd. is preparing its biggest round of layoffs since the pandemic, as the internet company faces stiffening competition in ri...
- SoftBank CEO Masayoshi Son to skip earnings call for first time as tech slumpsThe founder and chief executive of the world’s largest tech investor bade farewell in November to the earnings presentations he’s led for d...
- Indonesian startup GoTo is world’s worst large size tech IPO this yearShares of the Indonesian startup provider of food delivery services to fintech solutions are falling for a 10th straight session, taking lo...
- Indonesia's GoTo to cut 1,300 jobs to step up cost cutting"Challenging global macroeconomic conditions are having a significant impact on businesses around the world and GoTo, like other prudent co...
- Indonesia's GoTo Tokopedia falls as low as 3.14% on 2nd day of tradingThe shares rose as much as 15.7% earlier in the session before erasing its gain. GoTo gained 13% on its debut trading a day earlier.
- Indonesia tech giant GoTo soars on market debutThe Jakarta-based company raised about $1.1 billion in its IPO, priced at 338 rupiah per share, representing a market value of about $28 bi...
- GoTo sizzles on debut, sets tone for booming Indonesia tech sectorGoTo soared as much as 23% in its stock market debut on Monday after Indonesia's largest tech company raised $1.1 billion in a widely antic...
- GoTo seeks to buck tech sector slump with $1.1 billion Indonesia IPOGoTo is selling 4% in shares with most taken up by funds. Backed by names such as SoftBank Group Corp's Vision Fund 1, Alibaba Group Holdin...
- GoTo to raise $1.1 bn after finalising IPO at top end of price rangeGoTo is backed by the likes of SoftBank Group Corp, Alibaba Group and Singapore sovereign wealth fund GIC.
- GoTo to raise $1.1 billion after finalising IPO at top end of price rangeGoTo, formed last year by the merger of ride-hailing-to-payments firm Gojek and e-commerce leader Tokopedia, surprised some investors and a...
- Japan's Nikkei ends higher as oil prices, COVID cases dropU.S. Deputy Secretary of State Wendy Sherman said on Sunday that Russia was showing signs it might be willing to have substantive negotiati...
- Reddit files for US IPOSocial media platform Reddit has confidentially filed for a proposed IPO to the US Securities and Exchange Commission.
- S&P 500 median PE high: Stocks almost as expensive as during tech bubble, says BofAStocks are considered expensive because the median PE ratio is above its historical average, indicating higher prices than are justified by...
- Look at Wipro as a buy in opportunity: Prakash Diwan, Asit C. Mehta Investment Intermediates Ltd.Wipro has not participated in this kind of a surge that we have seen because of the forex parity in all the other frontline stocks.
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