Por: MarketWatch Business December 09, 2022
The internet technology company's shares fell to the 7.0% lower limit at 93.00 Indonesian rupiah ($0.01) in morning trade. The shares have fallen 63% since Nov. 30, when the lock-up period for its major shareholders expired, and by more than 70% since the company's initial public offering. In an online presentation Thursday, Chief Financial Officer Jacky Lo told investors that GoTo was well on the path to profitability, pointing out... + full article
MarketWatch USA Business December 09, 2022
The internet technology company's shares fell to the 7.0% lower limit at 93.00 Indonesian rupiah ($0.01) in morning trade. The shares have fallen 63% since Nov. 30, when the lock-up period for its major shareholders expired, and by more than 70% since the company's... + más
Shares of Indonesia's GoTo fall 6% as nine-month loss swells | CNBC
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CNBC USA Tech December 05, 2022
In this articleA GoTo logo seen displayed on a smartphone screen and in the background.Rafael Henrique Sopa Images Lightrocket Getty ImagesIndonesia's has lost 68.5% of its since its initial public offering in April.While the stock has ticked lower most of the year, GoTo... + más
CNBC USA Business November 24, 2022
In this articleA GrabFood delivery rider in Singapore.Bryan van der Beek Bloomberg Getty ImagesSoutheast Asian tech giants and said they are supportive of to expand gig worker protection in Singapore starting in 2024.In Singapore, platform or gig workers, often ride-hailing or... + más
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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
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
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