Grab Holdings and Indonesia’s GoTo (parent company of Gojek and Tokopedia) have restarted merger discussions, according to a ...

SINGAPORE: Southeast Asian ride-hailing and food delivery company Grab is in advanced talks to merge with its smaller ...

Tokopedia, another homegrown e-commerce company, is now majority owned by ByteDance's TikTok, which acquired 75.01% of the shares from local tech conglomerate GoTo early last year.

Undeterred, the pair pushed on, and by 2009 Tokopedia was born. Within just six years, it became Indonesia's second tech unicorn and now has a valuation of $7 billion. According to internal data ...

PT Goto Gojek Tokopedia Tbk (FRA:CK8) reports robust growth in core GTV and fintech revenues, while striving to overcome competitive pressures and achieve positive adjusted EBITDA.

ByteDance's (BDNCE) TikTok invested $1.5B in a joint venture with local marketplace Tokopedia, a move that helped it resume services after a ban on social media e-commerce. Apple (NASDAQ ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Deputy Minister of Industry, Faisol Riza, has advised marketplace providers to prioritize original local products to support ...

amid tough competition from TikTok's Tokopedia and Sea's Shopee in Southeast Asia's largest economy. Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual ...

JAKARTA : Indonesian e-commerce firm Bukalapak said on Tuesday that it would stop selling physical items on its marketplace soon, amid tough competition from TikTok's Tokopedia and Sea's Shopee in ...