![TikTok Mulls Investing in Indonesia’s GoTo to Revive Online Shop](/i/c/7985ee1f-f01d-d057-f7d8-ab874e663cc9.webp)
TikTok Mulls Investing in Indonesia’s GoTo to Revive Online Shop
ByteDance Ltd.’s TikTok is in talks to invest into a unit of Indonesia’s GoTo Group, one of several
2023-11-22 18:23
![Sea Plunges 22% After Unexpected Loss From Rising Competition](/i/c/6435a252-b510-a3e0-5d9c-32c4aebb4f33.webp)
Sea Plunges 22% After Unexpected Loss From Rising Competition
Sea Ltd. plummeted after reporting a surprise loss in the third quarter, hit by intensifying competition from Alibaba
2023-11-15 08:59
![Singapore’s Grab Hits Adjusted Profit, Decade After Founding](/i/c/9a51b043-1d97-4864-33c6-c30d32e6d573.webp)
Singapore’s Grab Hits Adjusted Profit, Decade After Founding
Grab Holdings Ltd. posted its first-ever profit on adjusted basis, a milestone for the decade-old Southeast Asian ride-hailing
2023-11-09 20:22
![Sea, Grab Face Slowest Southeast Asia Online Growth in Years](/i/c/78ffe021-cd67-e997-cdc8-a74f67a587c3.webp)
Sea, Grab Face Slowest Southeast Asia Online Growth in Years
Southeast Asia’s internet economy will log its slowest growth on record this year, a group of researchers said,
2023-11-01 17:57
![GoTo Recovers From 19% Swoon After Founder’s Surprise Sale](/i/c/47b12e5c-83ca-17be-3f59-70d0ac6b125d.webp)
GoTo Recovers From 19% Swoon After Founder’s Surprise Sale
GoTo Group recouped most of its losses after revelations of a sale of stock by a co-founder ignited
2023-10-16 17:29
![TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows](/i/c/d51442a6-d2f2-0ffb-f935-5f9730ac2cb3.webp)
TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows
Teten Masduki couldn’t stop talking about TikTok. In a July meeting with his team, the Indonesian minister broke
2023-09-28 14:15
![TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs](/i/c/18ea8631-5ae4-c23e-272b-679fb8bf2623.webp)
TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in
2023-09-28 09:55
![Sea’s $10 Billion Wipeout Lays Hard Road Back From Tech Crash](/i/c/a6968aa6-76fc-cc15-1a33-9434bcc09c73.webp)
Sea’s $10 Billion Wipeout Lays Hard Road Back From Tech Crash
Sea Ltd.’s historic 29% tumble erased close to $10 billion from its market value, wiping out a quarter
2023-08-16 12:57
![Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand](/i/c/0204a234-bbc4-2d7e-fc58-97c2e3bd6b66.webp)
Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand
Sea Ltd.’s revenue missed estimates after its e-commerce division posted slowest growth on record, reflecting fallout from economic
2023-08-15 19:55
![Indonesia’s GoTo Cuts Loss After Bottom-Line Focus Pays Off](/i/c/3143fed5-5d8f-82e0-4dba-eca69cdf67f2.webp)
Indonesia’s GoTo Cuts Loss After Bottom-Line Focus Pays Off
GoTo Group narrowed losses after prioritizing the bottom-line over revenue growth, taking the Indonesian internet leader closer to
2023-08-15 16:15
![China Ending Years-Long Crackdown Restores Optimism as Tech Giants Report](/i/c/ec8bf628-2a7c-5c81-23cb-29f9c5d5839b.webp)
China Ending Years-Long Crackdown Restores Optimism as Tech Giants Report
China wrapping up its crackdown on tech firms and switching to supporting the industry sets the tone as
2023-08-14 11:19
![GoTo CEO Soelistyo to Step Down, Patrick Walujo Named Successor](/i/c/7256217b-1396-4008-d523-c001af6e6bd1.webp)
GoTo CEO Soelistyo to Step Down, Patrick Walujo Named Successor
Andre Soelistyo will step down as chief executive officer of GoTo Group, a surprise move that comes just
2023-06-08 17:24