$GOTO-ID News
Last published 3y ago
- 3y agoGOTO-IDA6I-FFSEStocks of Indonesia’s GoTo surge 5% as it says profit targets will be met ahead of timeCNBCIndonesian giant GoTo Group jumped about 5% on Friday as the Gojek-Tokopedia entity said it will hit its profitability targets earlier than expected.
- 3y agoGOTO-IDSEMETAMSFTTech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runwaysCNBCTech layoffs have been increasing in Southeast Asia as growth slows down. Existing investors are also pushing startups to extend their runways.
- 3y agoGOTO-IDIndonesia's GoTo has lost almost 70% of its valuation since its April IPOCNBCIn October, GoTo had said it was working with pre-IPO shareholders to explore a coordinated secondary offering of their shares before the lock-up expired.
- 3y agoGOTO-IDShares of Indonesia's GoTo fall 6% as nine-month loss swellsCNBCGoTo said on-demand services, including ride hailing and food delivery, achieved positive contribution margin in September, "several months ahead of schedule."
- 3y agoGOTO-IDIndonesia’s GoTo to cut 1,300 jobs — or about 12% of its headcountCNBCIndonesian tech giant GoTo announced Friday that it is laying off 1,300 people, or around 12% of its total employee headcount.
- 4y agoGOTO-IDSE/A6I-FF/E-commerce firm Blibli up nearly 5% in Indonesia stock debutCNBCBlibli debuted on the IDX at 4.9% higher than its IPO price asthe latest tech company to list in Southeast Asia since Bukalapak and GoTo