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GoTo Gojek Tokopedia (GoTo Group)
Broker's Calls
CGS-CIMB initiates 'hold' on GoTo Gojek Tokopedia with 0.5% upside in target price
The analysts have given the group a target price of 396 rupiah (3.7 cents).
June 28, 2022
Results
GoTo posts 54% growth in gross revenue for 1QFY2022 in first quarterly report since IPO
Adjusted EBITDA loss for FY2021 widened to INR16.2 trillion, compared with a loss of INR13 trillion in FY2020.
May 30, 2022
Digital Economy
GoTo may be wiped out in the battle for Asean
The Romans won as they were the only ones who had iron spears
May 12, 2022
IPO
GoTo raises about US$1.1 billion in IPO priced at middle of range
The Jakarta-based company priced the IPO at 338 rupiah (3.193 cents) a share.
March 25, 2022
Fintech
GIC-backed South Korean super app to take on Grab and GoTo in Southeast Asia
The super app is seeking to enter Indonesia, Malaysia, Thailand and the Philippines after venturing into Vietnam in 2019.
March 24, 2022
Global Economy
Briefs: Fed ramps up inflation fight in economy tough enough to cope
In other news, Hong Kong leader Carrie Lam appeared to acknowledge frustration with the city’s strict Covid-19 policies.
March 17, 2022
IPO
GoTo Group plans IPO on Indonesia Stock Exchange to raise US$1.1 billion
GoTo Group plans IPO on Indonesia Stock Exchange to raise US$1.1 billion
March 15, 2022