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Goto Ltd

Indonesia’s GoTo denies merger talks with ride-hailing rival Grab

by Walter Watson
Indonesia’s GoTo denies merger talks with ride-hailing rival Grab

A Gojek driver looks at a smartphone in Jakarta, Indonesia, on Monday, Dec. 11, 2023. ByteDance Ltd.’s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia’s GoTo Group that …

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Sea’s growth pivot at expense of profits stems from e-commerce competition

by Walter Watson
Sea’s growth pivot at expense of profits stems from e-commerce competition

Forrest Li, chief executive officer of Sea Ltd., in Singapore, on Wednesday, May 3, 2023. Ore Huiying | Bloomberg | Getty Images Shares of Southeast Asian tech giant Sea plummeted …

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Japanese tech giant reports surprise loss

by Edgar Davis
Japanese tech giant reports surprise loss

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images SoftBank shocked markets with a surprise loss in the first quarter covering …

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