Live Breaking News & Updates on Dompet karya anak bangsa
Stay updated with breaking news from Dompet karya anak bangsa. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
GoTo expands its business activities with its entry into the digital assets market, procuring a local exchange platform for $8.4 million, a move that’s expected to contribute to Indonesia's GDP.
Opinion: Speculations around the new Gojek-Tokopedia CEO role arise, innovation key marketing-interactive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketing-interactive.com Daily Mail and Mail on Sunday newspapers.
GoTo will have three business units: ride-hailing provider Gojek; e-commerce arm Tokopedia; and payments and financial services under the title of Dompet Karya Anak Bangsa, or DKAB, the people said. — Reuters Gojek co-chief executive officer Andre Soelistyo is set to head the Indonesian app giant to be created when the transport and delivery provider merges with e-commerce company PT Tokopedia, according to people familiar with the matter. Indonesia’s two most valuable startups are set to form a holding company called GoTo, of which Gojek’s shareholders will have 58% and Tokopedia’s owners the rest, said the people, who asked not to be named as the information is private. Patrick Cao, president of Tokopedia, will retain that title at the new entity, they said.
Bank Jago; A Rising Star on the Indonesia Stock Exchange indonesia-investments.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indonesia-investments.com Daily Mail and Mail on Sunday newspapers.
GIC to invest $222m in Gojek-backed Indonesian lender Bank Jago via rights issue REUTERS/Beawiharta Singapore’s sovereign wealth fund GIC Private Limited is the latest investor in Indonesia’s Bank Jago. The fresh investment by GIC, worth Rp3.15 trillion ($222.48 million), will be made by absorbing 1.19 billion new shares of Bank Jago through a rights issue, according to a disclosure to the Indonesia Stock Exchange (IDX). Bank Jago, which is backed by the ride-hailing giant Gojek, will issue 3 billion new shares with an execution price of Rp2.350 per share. The rights issue will be conducted on March 10-17 in the regular market.
Indonesian ride-hailing giant Gojek announced on Friday that it had increased its stake in publicly listed Bank Jago as part of its long-term investment plan and strategic partnership to strengthen its financial services. The tech company bought a total of 1.96 billion of Bank Jago’s shares, or equal to an 18.02 percent stake in the bank, through PT Dompet Karya Anak Bangsa, which operates payment service GoPay, at a price of Rp 1,150 (8 US cents) at the negotiated market. This means Gojek spent about Rp 2.25 trillion for the shares acquisition and increased its ownership in the bank to 22.16 percent from the previous 4.14 percent.