Por: MarketWatch Business November 22, 2022
GoTo's net loss widened to IDR20.322 trillion ($1.29 billion) from IDR11.579 trillion a year ago, it said Monday. Despite the weaker results, the company said its adjusted Ebitda loss in the third quarter narrowed to IDR3.7 trillion from IDR4.2 trillion. The company also said it achieved positive contribution margin from its on-demand services in September. Group contribution margin significantly exceeded the guidance we shared last quarter... + full article
MarketWatch USA Business November 22, 2022
GoTo's net loss widened to IDR20.322 trillion ($1.29 billion) from IDR11.579 trillion a year ago, it said Monday. Despite the weaker results, the company said its adjusted Ebitda loss in the third quarter narrowed to IDR3.7 trillion from IDR4.2 trillion. The company also... + más
Shares of Indonesia's GoTo fall 6% as nine-month loss swells | CNBC
Indonesia’s GoTo to cut 1,300 jobs — or about 12% of its headcount | CNBC
CNBC USA Business November 22, 2022
Motorcyclists travel past a billboard advertising GoTo's initial public offering in Jakarta, Indonesia, on Friday, April 8, 2022. GoTo, formed through the merger of Gojek with e-commerce pioneer Tokopedia, raised $1.1 billion in one of the worlds biggest stock debuts this... + más
GoTo Shares Drop as Loss Widens | MarketWatch
CNBC USA Tech November 18, 2022
A GoTo logo seen displayed on a smartphone screen and in the background.Rafael Henrique Sopa Images Lightrocket Getty ImagesIndonesian tech giant announced Friday that it is laying off 1,300 people, or around 12% of its total headcount.GoTo is the merged entity of ride-hailing... + más
Associated Press USA Business November 11, 2022
TOKYO (AP) — Japanese technology investor SoftBank Group Corp. reported on Friday a 3 trillion yen ($21 billion) profit for the July-September quarter, a sharp reversal from its loss a year ago.After its 398 billion yen loss a year earlier, quarterly sales rose to 1.6 trillion... + más
Japan’s SoftBank Turns a Profit After Reducing Stake in Alibaba | MarketWatch
Izuma Networks Acquires SoftBank’s Pelion IoT Device Management Business | Forbes
CNBC USA Tech November 08, 2022
Indonesia Stock ExchangeBloomberg Bloomberg Getty ImagesShares of Indonesian e-commerce company Blibli rose 4.9% in its Indonesian stock market debut Tuesday, in what was the country's second-largest initial public offering this year. Shares of PT Global Digital Niaga Tbk,... + más
Indonesia’s Blibli To Raise $528 Million Through IPO At $3.5 Billion Valuation | Forbes
FIFA Won't Sanction Indonesia Over Fatal Stadium Crush | Time
Los Angeles Times USA World October 25, 2022
Japan’s economy minister submitted his resignation Monday over his ties to the Unification Church after facing mounting criticism in a widening controversy involving dozens of ruling party lawmakers. Daishiro Yamagiwa’s resignation is a further blow to Prime Minister Fumio... + más
Japan Cabinet minister resigns over Unification Church ties | ABC News
Japan PM orders probe of Unification Church problems | ABC News
Forbes USA Business October 17, 2022
Martin Hartono, chief executive officer of GDP Venture, speaks during a panel at the Forbes Global ... [+] CEO Summit in Singapore on September 27, 2022.Edwin Koo/Bloomberg Global Digital Niaga, the owner of e-commerce group Blibli, plans to raise 8.17 trillion rupiah ($528... + más
Volkswagen plans blockbuster IPO for Porsche. Here’s why. | ABC News
Porsche IPO Looks to Price at Top End of Range on Strong Demand | MarketWatch
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