Page 6 - Patrick Walujo News Today

For Q3 2023, it reported losses at 2.4 trillion rupiah ($205.8 million) compared with 6.7 trillion rupiah in Q3 2022 Read more at straitstimes.com.

Company says it no longer intends to execute on the international IPO.

Berita terkini dan terpercaya dari Indonesia dan dunia seputar politik, ekonomi, bisnis, humaniora, gaya hidup, hiburan, sepak bola, otomotif

(Bloomberg) -- GoTo Group plummeted its most on record after one of its co-founders trimmed his stake in a share sale, spurring concerns about the business prospects of a Southeast Asian industry bellwether.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationUS to Tighten Curbs on China’s Access to Advanced Chip TechIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsG...

GoTo was formed in 2021 in a merger between ride-hailing giant Gojek and e-commerce firm Tokopedia. Read more at straitstimes.com.

Gibran Huzaifah bred fish to pay his university fees, then built eFishery into a company involving 300,000 fishponds. He’s expanding to India and elsewhere.

GajiGesa's Vidit Agrawal wanted to give workers access to their wages as they earn them, in between the traditional end-of-month pay cycles. That gives

New service offers combination of ride-hailing, train trips in superapp.

(Bloomberg) -- GoTo Group raised $150 million through a convertible bond sale to investors led by the World Bank’s International Finance Corp., a bump to its cash reserves as the Indonesian ride-hailing and e-commerce company works toward reaching profitability.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI...

GoTo has raised an investment of $150 million from IFC and US-based private equity firm Franke & Company, according to a company statement.