Indonesia Tech News

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GoTo posted net loss - Food delivery

GoTo said on Monday in its first earnings results since going public last month that it recorded a IDR 21.4 trillion (USD 1.47 billion) net loss in 2021,

Amartha aims to double the amount of loans it channels to women running microbusinesses in rural Indonesia to about USD 894 million by 2025

Indonesia-based F&B brand Dailybox Group has raised US$24 million in a series B round led by Northstar Group and Vertex Growth

Chinese Huayou Cobalt is planning a private share placement to raise up to $1.82 billion to expand manufacturing capacity of its nickel and cobalt project in Indonesia

GoTo active in investment - Food delivery

GoTo, has been actively ramping up its investment in several entities over the past few weeks. The total investments add up to nearly $14.12 million

Mitsubishi Power, has begun a feasibility study on the use of ammonia as fuel for power plants in Indonesia.