GoTo (company)

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PT GoTo Gojek Tokopedia
GoTo
Formerly
IndustryInformation technology
Founded17 May 2021
Headquarters,
Key people
  • Patrick Cao (President)
  • Andre Soelistyo (CEO)[1]
Products
DivisionsGoTo Financial
Websitewww.gotocompany.com

PT GoTo Gojek Tokopedia,[2] trading as GoTo, is an Indonesian holding company. The company formed in 2021 in a merger between Gojek and Tokopedia. It is the most valuable startup in Indonesia, contributes to about 2% of the country's GDP.[3][4]

Gojek is founded in 2010 as a call center to arrange courier deliveries, while Tokopedia founded in 2009 as an e-commerce platform.[5][6] In 2015, the two companies began partnership, using Gojek drivers to deliver Tokopedia's products. GoTo founded in May 2021 and has 100 million monthly active users, more than 11 million merchants, and over 2 million drivers on its ecosystem.[4] The company plans to begin its initial public offering in 2022.[7]

References[edit]

  1. ^ "Akhirnya Resmi Merger, Gojek dan Tokopedia Jadi GoTo". ItWorks. 17 May 2021. Retrieved 2 November 2021.
  2. ^ Sarifah, Siti. "Induk Gojek Berubah Nama, Bukan Lagi PT Aplikasi Karya Anak Bangsa". uzone.id (in Indonesian). Retrieved 4 December 2021.
  3. ^ "Indonesia's Most Valuable Startup Is in Talks to Raise Up to $2 Billion Ahead of IPO". Bloomberg.com. 26 July 2021. Retrieved 2 November 2021.
  4. ^ a b Gilchrist, Karen (9 June 2021). "How these millennial tech founders pulled off Indonesia's biggest-ever business deal". CNBC. Retrieved 2 November 2021.
  5. ^ "Gojek to Merge With Tokopedia to Create Indonesia Tech Giant". Bloomberg.com. 17 May 2021. Retrieved 2 November 2021.
  6. ^ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2 November 2021.
  7. ^ Reuters (21 October 2021). "Super-app GoTo drives towards a steady debut". Reuters. Retrieved 2 November 2021.