GOTO: Price Action Analysis After TikTok's AcquisitionTikTok, owned by ByteDance Ltd., has entered into a significant agreement to invest $1.5 billion in a joint venture with Indonesia's GoTo Group. As part of this deal, TikTok will acquire 75.01% of GoTo's PT Tokopedia for $840 million. This strategic move involves integrating TikTok Shop's Indonesia
−85IDR
−90.40 TIDR
14.79 TIDR
739.09 B
About GOTO GOJEK TOKOPEDIA TBK
Sector
Industry
CEO
Patrick Sugito Walujo
Website
Headquarters
Jakarta
Employees (FY)
7.52 K
Founded
2010
ISIN
ID1000166903
FIGI
BBG016C7S899
PT GoTo Gojek Tokopedia Tbk provides and operates a mobile on-demand services and payments platform in Indonesia. It offers GoRide, a motorcycle taxi (ojek) ride-hailing service; GoCar, a car ride-hailing service; GoBlueBird, a taxi booking service; GoTransit, a multi-modal journey planner solution; GoCorp, a platform for corporate clients to access and monitor business-related trips for their employees; GoFood, a food delivery service that provides access to the various food options; GoMart, an on-demand delivery service from grocery and convenience stores; and Cloud Kitchen, a shared kitchen for the preparation of delivery-only meals. The company also provides GoSend, an instant and same-day delivery service; GoKilat/GoSend API, a B2B2C delivery service for business partners; GoShop, an on-demand personal concierge service; GoBox, an on-demand truck logistics service for large-sized deliveries; and services related to logistics and fulfillment, as well as operating various e-commerce sites. In addition, it offers an advertising technology platform, which includes pay-for-performance advertising, display advertising, and customised marketing packages. Further, the company provides GoPay, a payment solution; Midtrans, a payment gateway that processes online and offline payments for merchants; Iris, a disbursement engine that enables the disbursement of payments to bank accounts; and various financial services. PT GoTo Gojek Tokopedia Tbk was founded in 2010 and is headquartered in Jakarta, Indonesia.
GOTO DOWN -85%? Honestly, one of the companies IDX:GOTO that was waiting for the increase in 2022 and the IPO was postponed in 2021 due to covid and now after the IPO it has dropped 85%.
there will be a scenario that I make if it will make a double bottom then there will be an increase after that and return to t
GOTOThis analysis is using Fan principle & Fibonacci to conclude about the support
The trend line has been penetrated 3 times, meaning there is confirmation of new trend from uptrend to downtrend.
Using fibonacci we can measure the support is on 104 (0.618 line)
Buy: 100-104
Sell: 110-120
Stop loss:
Is a Sub-50 IDR Per Share Price Imminent?It seems that GOTO's future is not looking too bright at the moment.
Despite being in a downtrend channel, there are no bullish signals indicating a potential price increase in the near future. Additionally, the FY2022 income statement shows that GOTO has not booked any profit and has actually incu
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Frequently Asked Questions
The current price of GOTO is 61.00 IDR — it has decreased by 1.61% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on IDX exchange GOTO GOJEK TOKOPEDIA TBK stocks are traded under the ticker GOTO.
GOTO GOJEK TOKOPEDIA TBK is going to release the next earnings report on May 27, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for GOTO GOJEK TOKOPEDIA TBK has a max estimate of 150.00 IDR and a min estimate of 65.00 IDR.
GOTO earnings for the last quarter are −2.02 IDR whereas the estimation was −1.88 IDR which accounts for −7.68% surprise. Estimated earnings for the next quarter are −0.70 IDR. See more details about GOTO GOJEK TOKOPEDIA TBK earnings.
GOTO GOJEK TOKOPEDIA TBK revenue for the last quarter amounts to 3.63 T IDR despite the estimated figure of 4.30 T IDR. In the next quarter revenue is expected to reach 4.09 T IDR.
Yes, you can track GOTO GOJEK TOKOPEDIA TBK financials in yearly and quarterly reports right on TradingView.
GOTO stock has fallen by 11.59% compared to the previous week, the month change is a 17.57% fall, over the last year GOTO GOJEK TOKOPEDIA TBK has showed a 34.41% decrease.
Like other stocks, GOTO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade GOTO GOJEK TOKOPEDIA TBK stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 7.52 K employees. See our rating of the largest employees — is GOTO GOJEK TOKOPEDIA TBK on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. GOTO GOJEK TOKOPEDIA TBK EBITDA is −7.61 T IDR, and current EBITDA margin is −51.45%. See more stats in GOTO GOJEK TOKOPEDIA TBK financial statements.