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GoTo Gojek Tokopedia (GoTo Group)
IPO
Star Southeast Asia unicorns see US$51 bil gone since listings
The Southeast Asian newcomers join a slump engulfing recently-listed Indian startups as investors question their high valuations.
December 13, 2022
Broker's Calls
UBS upgrades GoTo to 'buy' from 'sell' after seeing 'opportunity in adversity'
At its current share price, GoTo's valuations are deemed "attractive" by the analysts at UBS.
December 12, 2022
Tech
GoTo slump continues after executives fail to convince investors
The shares dropped by 7% on Friday — the daily limit — to a record low 93 rupiah (0.81 cents) in Jakarta trading.
December 10, 2022
Tech
GoTo assures investors it has enough cash to reach profitability
GoTo is about six quarters away from a cash crunch, Aletheia Capital said, recommending investors sell the stock.
December 10, 2022
Results
GoTo reports narrower adjusted ebitda loss of IDR3.7 trillion in 3QFY2022 results
For the FY2022, GoTo Group is expecting to pencil in between IDR613 trillion to IDR619 trillion for its GTV.
November 21, 2022
Tech
GoTo confirms talks with holders for controlled share sale
The ride-hailing and e-commerce provider is discussing stake sales that would occur after the lock-up period expires on Nov 30.
October 25, 2022
Broker's Calls
Deutsche Bank initiates 'buy' call on GoTo, dismisses financing worries
The analyst believes that the market worries about GoTo’s financing requirements are overdone.
October 20, 2022
Broker's Calls
Macquarie initiates coverage on GoTo with 'outperform' call, forecasts 22% upside
“We forecast robust gross revenue uptick for its key segments.”
September 27, 2022
Digital Economy
Grab rival Be Group gets US$60 million loan for Vietnam expansion
Vietnam’s fast-expanding ride-hailing sector is seeing renewed competition fro Go-Jek and FastGo Vietnam
September 05, 2022
Tech
Once Southeast Asia's most valuable startup, Grab falls US$13 bil behind GoTo
Grab is scheduled to report second-quarter results before US markets open on Thursday; GoTo is set to release results on Aug 30.
August 25, 2022