Indonesia plans “Sovereign AI Fund” – Indonesian government is preparing a state-backed AI fund to drive local R&D, support ...

SINGAPORE] Indonesia’s GoTo Group notched a fourth consecutive quarter of adjusted profit, making progress with reining in ...

But GoTo (No. 266) remains formidable in Indonesia, the region’s largest market—so much so that the rumor mill is spinning with talk of Grab seeking to buy some, or nearly all, of its chief ...

Last week, GoTo said it aimed to raise at least 15.2 trillion rupiah ($1.1 billion) by offering 48 billion new Series A shares in a price range of 316 rupiah to 346 rupiah per share. The shares on ...

Indonesia-based startup GoTo Group announced today it has secured more than $1.3 billion in the first close of its pre-IPO funding. The latest round was led by Abu Dhabi Investment Authority (ADIA ...

Still, GoTo executives remained upbeat on prospects for growth in Indonesia. “Indonesia is one of the largest and most exciting growth markets in the world, as reflected in the resilience our capital ...

GoTo is one of Indonesia’s most successful “unicorns” — start-ups with a valuation above $1bn — attracting early investments from SoftBank and Alibaba.

GoTo is a key part of Indonesia’s vision for future economic growth: It’s a company that uses technology and capital to make domestic markets more efficient. By James Guild April 19, 2022 ...

GoTo also released its full-year figures Monday that saw its annual losses climb to 21.4 trillion rupiah, a 55% increase from the previous year. While its gross revenue jumped 43.5% to 17 trillion ...

GoTo Group, Indonesia's biggest tech firm, has received sufficient investor orders for its initial public offering that could raise at least $1.1 billion within its targeted price band, two ...