goto profitability

Nov

Is GoTo on the right track?

Observing that GoTo managed to reduce its losses in the third quarter, we are wondering to what extent this platform company created from a merger of Indonesia’s two most prominent tech startups is on the right track. Its stock hit a 52-week nadir of 54 rupiah on October 16, but…

Aug

Asia Banking Research

GoTo may not have an obvious path to profitability

It’s earnings season and Southeast Asia’s platform companies are trying once again to convince investors that they are on the path to profitability. The jury is still out as far as we’re concerned, especially in the case of any company that started out in the business of ride hailing and…

Nov

Fintech Research

It’s crunch time for Southeast Asian platform companies

Southeast Asia’s preeminent platform companies are adjusting to a painful new reality: More is not always better. Sea Group, Grab and GoTo have all expanded at a torrid pace amid a free flow of venture capital funding that only recently started to dry up with the end of ultra-low interest…

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