Singapore-based ride-hailing/delivery platform Grab is reportedly trying to raise funds to acquire rival GoTo. The company is in discussions to obtain a bridge loan of up to $2...
The CEO of Indonesian super app GoTo is reportedly still weighing a merger with rival Grab. Patrick Walujo made those comments to the Financial Times (FT) in...
GoTo has denied that it is in merger talks with Grab Holdings. The company said in a Tuesday (Feb. 13) filing that it “is not having any discussion on...
Southeast Asian ride-hailing and food-delivery companies Grab Holdings and GoTo Group are reportedly in talks to merge. The companies are in preliminary discussions and are exploring various scenarios for...
TikTok and GoTo, the largest digital ecosystem in Indonesia, announced the formation of a strategic partnership in Indonesia. With this deal, GoTo’s eCommerce company Tokopedia and TikTok Shop Indonesia have combined...
TikTok is reportedly turning to GoTo to revive its crucial Indonesian eCommerce business. The two firms are working on a plan — which could be finalized in the next few...
Indonesian tech giant GoTo Group slashed its losses by more than half. The company — whose offerings include eCommerce, financial services and ridesharing — said its losses...
While consumers are excited about super apps, some investors apparently aren’t as sure. As the Financial Times (FT) noted in a report Tuesday (July 18),...