Cutthroat competition, Gojek withdraws from Vietnam
05 Sep 2024 11:52
PT GoTo Gojek Tokopedia Tbk (GOTO) finally decides to depart pull back from Vietnam, effective starting September 16, 2024, after operating since 2018.
Tiktok acquiring 75% Tokopedia: GOTO’s gain or loss?
28 Feb 2024 11:49
After becoming the public’s hot topic since late 2023, PT GOTO Gojek Tokopedia Tbk (GOTO) finally sent official words regarding the acquisition of Tokopedia by the giant video platform from China, Tiktok.
GOTO on its merger issue with Grab Holdings
16 Feb 2024 10:49
The management of PT GoTo Gojek Tokopedia Tbk (GOTO) finally responds to the issue of merger with Grab Holdings, which has been circulated for the past month.
Tokopedia’s co-founder sold 746.6 million of his shares in GOTO
22 Dec 2023 17:22
William Tanuwijaya, Co-Founder of Tokopedia, divests 764.6 million of his shares in PT Goto Gojek Tokopedia Tbk (GOTO) for IDR 91.7 each. The total transaction was worth IDR 70.11 billion, which lasted from last week until earlier this week (14-18/12).
MIDI to open 450 new stores next year
20 Dec 2023 11:13
PT Midi Utama Indonesia Tbk (MIDI) sets up capital expenditure (capex) budget of IDR 1.4 trillion in 2024. This capex will be used to establish 450 new Alfamidi and Lawson outlets.
ERAL to open diving equipment store this year
08 Aug 2023 12:25
PT Master Selam Nusantara (MSN), a subsidiary of PT Sinar Eka Selaras Tbk (ERAL), will operate two outlets of diving equipment in the fourth quarter this year.
Ranch Market lost IDR 83.66 billion
30 Mar 2023 06:04
PT Supra Boga Lestari Tbk (RANC), the owner of Ranch Market retail network, faced a loss of IDR 83.66 billion in 2022.
MPPA plans for rights issue. Are Goto Gojek Tokopedia and Multipolar ready to inject funds?
15 Mar 2023 19:39
PT Matahari Putra Prima Tbk (MPPA), a retail issuer owned by PT Multipolar Tbk (MLPL), plans to issue 8 billion new shares by providing pre-emptive rights (HMETD) or rights issue.
Matahari was still at loss of IDR 429.63 billion in 2022
06 Mar 2023 06:36
PT Matahari Putra Prima Tbk (MPPA), a modern retail chain owner, still suffered from the current year’s loss in 2022 despite its 5.43% growth in revenue.
ZATA to complete 7 store openings by Eid
08 Feb 2023 05:59
PT Bersama Zatta Jaya Tbk (ZATA), a modest fashion manufacturer, speeds up its plan to open seven new outlets, aiming for completion before April 2023.
