Por: CNBC Tech February 17, 2023
GoTo Group expects group contribution margin, which shows revenue after variable costs, to become positive by first quarter of 2023 - a year ahead of schedule.Dimas Ardian Bloomberg Getty ImagesShares of Indonesian tech giant Group surged as much as 4.96% on Friday morning a day after the group said it will hit its profitability targets earlier than expected.The stock has since pared and is currently trading at 3.3%.related investing news20... + 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
Indonesia’s GoTo to cut 1,300 jobs — or about 12% of its headcount | CNBC
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
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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