Indonesian holding company GoTo Group has invested $2.8M in Singapore-based horizontal marketplace specialist Carousell.
GoTo Group is the largest digital ecosystem in Indonesia, formed in 2021 as part of a merger that includes e-commerce specialist Tokopedia and on-demand delivery service Gojek.
According to its earnings presentation published in August, GoTo generated 5.8 IDR Trillion ($378M USD) in Q2 2023, a 6% YoY increase—at an EBITDA loss of $78M.
Meanwhile, Carousell's Q2 figures released in July paint a similar story—revenues grew but losses widened.
OneRoof, the property portal of NZX-listed media group NZME, lifted segment EBITDA by 32% to NZD 3.6 million in FY2025...
Read More
Singapore-based property platform OhMyHome posted revenue of S$12.24 million (USD 9.6M) for the 2025 fiscal year, a 12.5% increase on...
Read More
The high-stakes standoff between Zillow and Chicago's largest multiple listing service has produced a court ruling that both sides are...
Read More
This week's Product Roundup has some nifty AI in Oceania, but we'll kick off in the United States... North...
Read More
