Tag: Grab Holdings Ltd

  • Shares of Indonesia’s GoTo fall as losses reach $2.6 billion by 2022

    Shares of Indonesian GoTo fell 2.78% in early trading hours on Tuesday after the company reported a larger net loss in 2022. Although its adjusted EBITDA loss improved in Q4 2022, the company still lags competitors such as Grab and Sea Limited, DBS analyst Sachin Mittal said. GoTo management previously promised costs, including two rounds […]