Indonesia’s GoTo lost almost 70% of its valuation since its April IPO
[ad_1] A GoTo logo seen displayed on a smartphone screen and in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Indonesia’s GoTo Group has lost 68.5%…
[ad_1] A GoTo logo seen displayed on a smartphone screen and in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Indonesia’s GoTo Group has lost 68.5%…
[ad_1] Indonesia Stock Exchange Bloomberg | Bloomberg | Getty Images Shares of Indonesian e-commerce company Blibli rose 4.9% in its Indonesian stock market debut Tuesday, in what was the country’s…
[ad_1] Southeast Asia’s e-commerce ecosystem is still at a “very, very nascent stage” and many more business models and companies will be formed in the region, said the founding partner…
[ad_1] Venture capital firm Sequoia is still “quite optimistic” about long-term prospects for start-ups, despite the recent market volatility. “This is a particularly challenging market for founders to get started,”…