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Search results for goto

TikTok reenters Indonesia with GoTo deal
10 months, 3 weeks ago

TikTok reenters Indonesia with GoTo deal

China Daily  

Visitors participate in a promotional event held by Douyin, known as TikTok overseas, in Beijing. Short-video app TikTok, owned by Chinese tech company Byte-Dance, has completed its deal to take control of Tokopedia, an e-commerce unit of Indonesia's biggest internet and tech firm PT GoTo Gojek Tokopedia Tbk. The move came after TikTok halted its online retail operations in Indonesia …

Indonesia Chinese Zhang Tiktok Temu Million Users Goto
TikTok to invest $1.5 bln in GoTo's Indonesia e-commerce business
1 year ago

TikTok to invest $1.5 bln in GoTo's Indonesia e-commerce business

The Hindu  

TikTok will take a controlling stake in an e-commerce unit of Indonesia's biggest tech firm PT GoTo Gojek Tokopedia, a partnership that will see the short video app invest $1.5 billion over the long term, the two companies said on Monday. The deal comes after Indonesia in October banned online shopping on social media platforms to protect smaller merchants and …

Indonesia Tiktok Goto Pt Tokopedia
Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic
1 year, 6 months ago

Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Singapore ride-hailing firm Grab Holdings …

Job Singapore Its Workforce Grab
SoftBank loses nearly $6 billion in quarter as investments suffer
1 year, 10 months ago

SoftBank loses nearly $6 billion in quarter as investments suffer

Live Mint  

TOKYO : SoftBank Group Corp.’s technology investment vehicles posted a loss of nearly $6 billion in the latest quarter, leading the company to reiterate its conservative approach. After posting a record loss equivalent to more than $20 billion in the April-to-June quarter, it reported an equally large profit in the quarter ending in September thanks to profits from unwinding its …

Investment Company Billion Quarter Softbank Vision Fund
FTX Woes Continue As SoftBank Writes Off $100-Million Investment In Bankrupt Firm
2 years, 1 month ago

FTX Woes Continue As SoftBank Writes Off $100-Million Investment In Bankrupt Firm

ABP News  

San Francisco: Beleaguered Japanese investment firm SoftBank has reportedly written off about $100 million it invested as part of its Vision Fund 2 in now bankrupt crypto exchange FTX. SoftBank has now disclosed a $100 million venture capital investment in crypto broker FTX. Softbank CFO Yoshimitsu Goto was quoted as saying that the $100-million Vision Fund invested in FTX "as …

Investment Crypto Million Ftx Softbank
SoftBank vision fund loses $7.2 billion on tech writedowns
2 years, 1 month ago

SoftBank vision fund loses $7.2 billion on tech writedowns

Live Mint  

SoftBank Group Corp.’s core Vision Fund arm posted a $7.2 billion quarterly loss as plunging startup valuations continue to hammer the company’s financial performance and forces it slow investments. Of those, China’s SenseTime Group Inc. accounted for 364 billion yen, while US food delivery firm Doordash Inc. accounted for 225 billion yen and Indonesian ride-hailing and e-commerce firm GoTo Group …

Investment Billion Son Quarter Trillion Yen Arm
Japan Cabinet minister resigns over Unification Church ties
2 years, 1 month ago

Japan Cabinet minister resigns over Unification Church ties

Associated Press  

TOKYO — Japan’s economy minister submitted his resignation Monday over ties to the Unification Church after facing mounting criticism in a widening controversy involving dozens of governing party lawmakers. Daishiro Yamagiwa’s resignation is a further blow to Prime Minister Fumio Kishida’s government, which has been rocked by his party’s close ties to the controversial South Korean-based church following the assassination …

Japan Church Party Ties Kishida Goto Unification Church
Indonesian tech firm GoTo in talks with Alibaba, Softbank for stake sale
2 years, 2 months ago

Indonesian tech firm GoTo in talks with Alibaba, Softbank for stake sale

Hindustan Times  

Indonesia’s largest tech company GoTo Group is in talks with its major owners for a controlled sale of roughly $1 billion of their stakes, aiming to avoid a potential stock crash when a lock-up on their holdings ends next month. GoTo is gauging the interest of early backers including Alibaba Group Holding Ltd. and SoftBank Group Corp. for a managed …

Sale Indonesia Investors Group Naidu Shares Alibaba
The last known ship of the US slave trade
2 years, 10 months ago

The last known ship of the US slave trade

BBC  

The last known ship of the US slave trade Zoey Goto The discovery of the remains of the Clotilda, 160 years after it sank, brings new life and interest to the settlement built by the original survivors. "It's crazy to think they would have sailed right past here," Darron Patterson said, pulling his car onto a scrap of grass overlooking …

History Community Mobile Interest West Africa Discovery Ship
Live updates: Japan approves use of Merck's COVID-19 pill
2 years, 11 months ago

Live updates: Japan approves use of Merck's COVID-19 pill

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy TOKYO — Japan has approved …

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A day after announcing travel ban, Japan confirms its first Omicron variant case
3 years ago

A day after announcing travel ban, Japan confirms its first Omicron variant case

LA Times  

Passengers walk through the lobby at Kansai International Airport in Osaka, Japan, on Tuesday. Japan on Tuesday confirmed its first case of infection from the new Omicron coronavirus variant, detecting it in a Namibian diplomat who recently arrived from his country, officials said. A genome analysis at the National Institute of Infectious Diseases confirmed Tuesday that the Namibian diplomat was …

Japan Japanese Tokyo Variant Omicron
Five more small energy firms could go bust
3 years, 2 months ago

Five more small energy firms could go bust

Daily Mail  

Five more small energy suppliers may be on the brink as industry regulator Ofgem chases them for £7million in missing payments. Five more small energy suppliers may be on the brink as industry regulator Ofgem chases them for £7million in missing payments The payments Ofgem is seeking from the five firms are for the renewables obligation programme, and falling behind …

Energy Ofgem
The Latest: Japan hits record number of new cases again
4 years, 1 month ago

The Latest: Japan hits record number of new cases again

Associated Press  

TOKYO — Japan is scaling back on the government-backed “GoTo” campaign to encourage travel and dining out, as the number of confirmed coronavirus cases reached a record for the third day straight on Saturday, at 2,418. ___ HERE’S WHAT YOU NEED TO KNOW ABOUT THE VIRUS OUTBREAK: — Daily COVID-19 deaths in US reach highest level since May — Pfizer, …

Health Japan Coronavirus Deaths Cases South Korea Texas
Japan's Parliament Picks Suga To Succeed Abe As Prime Minister
4 years, 3 months ago

Japan's Parliament Picks Suga To Succeed Abe As Prime Minister

NPR  

Japan's Parliament Picks Suga To Succeed Abe As Prime Minister Yoshihide Suga, 71, was voted in as the country's next leader. Suga was outgoing Prime Minister Shinzo Abe's right-hand man, and is generally seen as an uncharismatic technocrat. This follows the sudden resignation of Japan's longest serving prime minister, Shinzo Abe, who says he resigned due to poor health. KUHN: …

Prime Prime Minister Minister Npr Kuhn Suga Abe