About GoTo Group
GoTo Group is a company based in Jakarta (Indonesia) founded in 2015 was acquired by TikTok in December 2023. GoTo Group has raised $1.3 billion across 3 funding rounds from investors including Facebook, Google and Tencent. The company has 3,350 employees as of December 31, 2024. GoTo Group has completed 5 acquisitions, including Kriptomaksima.co, MAKS Crypto Exchange and PT Crypto Maksima Koin.
- Headquarter Jakarta, Indonesia
- Employees 3350 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Annual Revenue
$985.18 M (USD)7.5as on Dec 31, 2024
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Net Profit
-$319.3 M (USD)94.3as on Dec 31, 2024
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EBITDA
-$93 M (USD)80.33as on Dec 31, 2024
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Total Equity Funding
$1.3 B (USD)
in 3 rounds
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Latest Funding Round
$150 M (USD), Post-IPO
Oct 03, 2023
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Investors
Facebook
& 16 more
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Employee Count
3350
as on Dec 31, 2024
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Investments & Acquisitions
Kriptomaksima.co
& 4 more
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Acquired by
TikTok
(Dec 11, 2023)
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IPO & Listings of GoTo Group
GoTo Group is a publicly listed company on the IDX with ticker symbol GOTO in Indonesia, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of GoTo Group
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Software Development Team
51 people
Finance and Accounting
23 people
Leadership Team
11 people
Human Resources and Administration
10 people
Procurement Team
7 people
Commissioner Team
6 people
Senior Team
5 people
Legal and Compliance
5 people
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Funding Insights of GoTo Group
GoTo Group has successfully raised a total of $1.3B across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $150 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in GoTo Group
GoTo Group has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Facebook, Google and Tencent.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Locked | Locked | Locked | |
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Locked | Locked | Locked | |
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Multiple sectors are invested in by this private equity firm.
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Locked | Locked | Locked |
Investor details for GoTo Group
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- Investor locations
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Investments & Acquisitions by GoTo Group
GoTo Group has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Kriptomaksima.co, MAKS Crypto Exchange and PT Crypto Maksima Koin.
Investment portfolio details for GoTo Group
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cryptocurrency trading services are provided by MAKS in Indonesia.
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Locked | Locked | 2021 | Locked | |
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Warehousing and storage services are provided in Jakarta, Indonesia.
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Locked | Locked | 2020 | Locked | |
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Crypto assets are traded and exchanged via an online platform.
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Locked | Locked | 0 | Locked |
Complete acquisition details for GoTo Group
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- Domains and locations
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Financial Statements - GoTo Group
Detailed financials for GoTo Group
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- Profit trends
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Goto Group Comparisons
Peer comparison for GoTo Group
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- Named peers
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Competitors of GoTo Group
Detailed competitors of GoTo Group
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Latest news on Goto Group
Complete news archive for GoTo Group
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Frequently Asked Questions about GoTo Group
GoTo Group was founded in 2015 and raised its 1st funding round 6 years after it was founded.
GoTo Group is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
GoTo Group is a funded company, having raised a total of $1.3B across 3 funding rounds to date.
As of Dec 31, 2024, the latest employee count at GoTo Group is 3,350.
Annual revenue of GoTo Group is $985.18M as on Dec 31, 2024.
GoTo Group was founded in 2015 and is headquartered in Jakarta, Indonesia. The company operates within the technology sector, focusing on integrated digital platforms. Services encompass on-demand transportation, e-commerce marketplaces, and financial technology solutions. Expansion has been pursued in Southeast Asia, with core operations centered on facilitating user transactions and logistics through its domain, gotocompany.com. Limited public details are available on specific revenue streams.
Yes, GoTo Group is publicly traded on IDX under the ticker symbol GOTO.
GoTo Group has made 5 acquisitions, including Kriptomaksima.co, MAKS Crypto Exchange, and PT Crypto Maksima Koin.
GoTo Group has 17 investors. Key investors include Facebook, Google, Tencent, PayPal, and Alibaba Group.
The ticker symbol of GoTo Group is GOTO on IDX.