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...
24 Jan, 2026, 04.10 PM IST
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...
13 May, 2025, 05.11 PM IST
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...
04 Feb, 2025, 10.53 PM IST
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...
20 Jun, 2023, 11.12 AM IST
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...
06 Feb, 2023, 03.03 PM IST
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...
02 Dec, 2022, 03.46 PM IST
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...
18 Nov, 2022, 11.00 AM IST
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.
12 Apr, 2022, 11.19 AM IST
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...
12 Apr, 2022, 10.43 AM IST
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...
11 Apr, 2022, 10.11 AM IST
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...
08 Apr, 2022, 02.37 PM IST
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.
31 Mar, 2022, 10.10 AM IST
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...
31 Mar, 2022, 08.44 AM IST
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...
14 Mar, 2022, 01.36 PM IST
Reddit files for US IPOSocial media platform Reddit has confidentially filed for a proposed IPO to the US Securities and Exchange Commission.
16 Dec, 2021, 08.42 AM IST
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...
13 Oct, 2016, 07.56 AM IST
- 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.
14 Dec, 2011, 11.18 AM IST