GoTo

GoTo Denies Report of Merger Talks With Grab Holdings
GoTo Denies Report of Merger Talks With Grab Holdings
February 13, 2024  |  International

GoTo has denied that it is in merger talks with Grab Holdings. The company said in a Tuesday (Feb. 13) filing that it “is not having any discussion on...

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Report: Grab Holdings and GoTo Group in Preliminary Merger Discussions
Report: Grab Holdings and GoTo Group in Preliminary Merger Discussions
February 09, 2024  |  Aggregators

Southeast Asian ride-hailing and food-delivery companies Grab Holdings and GoTo Group are reportedly in talks to merge. The companies are in preliminary discussions and are exploring various scenarios for...

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TikTok and GoTo Combine eCommerce Businesses in Indonesia
TikTok and GoTo Combine eCommerce Businesses in Indonesia
January 31, 2024  |  eCommerce

TikTok and GoTo, the largest digital ecosystem in Indonesia, announced the formation of a strategic partnership in Indonesia. With this deal, GoTo’s eCommerce company Tokopedia and TikTok Shop Indonesia have combined...

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TikTok Looks to GoTo to Jumpstart Indonesian eCommerce Business
TikTok Looks to GoTo to Jumpstart Indonesian eCommerce Business
November 22, 2023  |  eCommerce

TikTok is reportedly turning to GoTo to revive its crucial Indonesian eCommerce business. The two firms are working on a plan — which could be finalized in the next few...

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GoTo Cuts Losses by 56% and Eyes Profitability
GoTo Cuts Losses by 56% and Eyes Profitability
August 15, 2023  |  Earnings

Indonesian tech giant GoTo Group slashed its losses by more than half. The company — whose offerings include eCommerce, financial services and ridesharing — said its losses...

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Super App Companies Scale Back Plans Amid Funding Drought
Super App Companies Scale Back Plans Amid Funding Drought
July 18, 2023  |  Investments

While consumers are excited about super apps, some investors apparently aren’t as sure. As the Financial Times (FT) noted in a report Tuesday (July 18),...

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Indonesia’s GoTo Gets Into Crypto With Kripto Maksima Purchase
Indonesia’s GoTo Gets Into Crypto With Kripto Maksima Purchase
August 29, 2022  |  Acquisitions

Indonesian tech firm GoTo is getting into the cryptocurrency business — and hoping to diversify its services — with its purchase of local crypto exchange...

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Indonesian eCommerce Firm Tokopedia Adds BNPL Option 
Indonesian eCommerce Firm Tokopedia Adds BNPL Option 
August 22, 2022  |  BNPL

Indonesian eCommerce company Tokopedia has added a buy now, pay later (BNPL) option to the range of digital payment methods it accepts.  With the new...

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GoTo’s Post-IPO Ascent Is Far From a Done Deal
GoTo’s Post-IPO Ascent Is Far From a Done Deal
April 06, 2022  |  Investments

GoTo’s initial backers can expect very healthy returns on investment, indeed — but one wonders what’s next. As noted in this space last week, GoTo...

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