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Retail appointments of the week
Cashrewards and Go Vita appoint new CEO, Adidas caught up in appointment hoax and GoJek co-founder steps down.
Gojek Vietnam’s co-founder steps down, new GM named
Rathor joined Gojek in 2019 as Regional Manager for Indonesia, in charge of Central and East Java areas.
Why Asian e-commerce giant GoTo is cutting costs despite top-line growth
The wave of layoffs affecting technology companies around the world has come home to GoTo, which plans to reduce its hea...
Indonesia’s GoTo to cut 1300 jobs to step up cost cutting
In recent months, Southeast Asia's largest-ecommerce firm Shopee cut jobs in various countries and shut some overseas op...
Indonesia’s GoTo posts net loss, warns of volatile market
GoTo, which went public earlier this year, posted a net revenue of 3.4 trillion rupiah for the first half.
Malaysia’s AirAsia to buy Gojek’s Thai business for $50 million in shares
The deal will give Gojek a 4.76 per cent stake in AirAsia SuperApp, valuing the division at around $1 billion.
Shopee’s rise sends rivals scrambling in Southeast Asian internet battle
Tech giants including Tencent, a major investor in Sea, Alibaba, Google and Softbank Group Corp are big backers of South...
GoJek takes stake in e-wallet, ramping up rivalry with Grab
GoJek rival Grab announced last November it was leading a US$100 million investment round in LinkAja, which also receive...
GoJek-Tokopedia merger talks in ‘advanced’ stage
Merged entity would create an Indonesian internet powerhouse with a combined valuation of more than $18 billion.
Grab and GoJek get closer to merger deal
Grab tells staff it's "in a position to acquire" after GoJek reports.
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