Andre Soelistyo News Today

Homegrown tech company GoTo has announced that its co-founder Andre Soelistyo submitted his resignation from his position as the firms commissioner.

GoTo has published the agenda for its General Meeting of Shareholders on June 11, which includes the previously announced share buyback.

None of the 10 companies with the largest impact on the list went public in 2023, underscoring ongoing challenges in the market.

Peak XV, a prominent venture capital firm, has just unveiled the ninth cohort of its renowned accelerator and incubation program known as Surge.

GoTo said on Tuesday that it had managed to cut its losses in the first half of the year as the tech giant’s cost-cutting measures helped to improve its bottom line.

The group's net revenue doubled to 6.9 trillion rupiah in Jan-June, from 3.4 trillion rupiah a year earlier.

Besides tech, Beijing has been trying to revive its troubled property market, including announcing rules to ease down-payment and mortgage rates for first-home buyers.

Andre Soelistyo has resigned from his position as the president director of Indonesian superapp and e-commerce platform provider GoTo.

Independent Southeast Asia-focused investment firm Go-Ventures is rebranding with a new name and visual identity. The rebrand aims to reinforces the investment firm’s strategic direction and independence as it targets high-growth start-ups across Southeast Asia, it said in a statement. 

JAKARTA -- Analysts are hopeful that GoTo's new CEO, who has a banking background, will help the Indonesian superapp and e-commerce platform keep up w