SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
Google denies involvement in $125 million Chromebook graft case in IndonesiaFormer Google executives have denied any link to a massive procurement project in Indonesia's Education Ministry. Prosecutors allege former...
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...
Singapore's Grab not in talks with GoTo over a buyoutGrab denied reports of acquisition talks with Indonesian competitor GoTo, quashing market speculation about a potential merger. The stateme...
Grab eyes upto $2 billion loan to support possible GoTo acquisition: ReportUS-listed ride-hailing and food delivery firm is also considering a bond or equity take-out after securing the bridge loan, the report adde...
GoTo, TikTok compliance with Indonesia's trade regulation nears 100%: CEO Patrick WalujoIndonesian tech firm GoTo will soon be 100% compliant with the trade ministry regulation banning in-app transactions on social media. TikTo...
TikTok to invest $1.5 billion in GoTo's Indonesia ecommerce businessChinese short-video making platform TikTok on Monday committed to invest $1.5 billion in Indonesian firm GoTo's e-commerce unit Tokopedia t...
Indonesia's tech giant GoTo reports significant drop in Q3 underlying lossesGoTo, which offers ride-hailing, e-commerce, and financial services, said its net losses for the period were at 2.4 trillion rupiah, a drop...
GoTo CEO Andre Soelistyo to step down; Patrick Walujo named successorHe will be replaced by Patrick Walujo, managing partner of private equity firm Northstar Group, GoTo said in a statement Thursday.
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 plans to cut over 1,000 jobs in bid to reach profitThe reduction, equal to more than 10% of the workforce, will affect all divisions, said the people, who asked not to be identified as the d...
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...