GoTo Group
Tracked across 4 events · 52 articles · First seen Apr 20, 2026 · Last active Aug 13, 2026
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Business
MSCI announced on August 12, 2026 that it will remove Indonesian ride-hailing giant GoTo Group from its Indonesia index at the end of August. The removal follows a freeze on changes to GoTo Group in…
Impact: GoTo Group is the subject of the index removal, which will likely lead to forced selling by passive funds and further decline in its stock price. The company's market value has already plummeted from $29 billion to $3.2 billion.
Aug 12, 2026 · 6 articles
Domestic
Impact: GoTo Group, formed by the merger of Gojek and Tokopedia, is affected by the allegations that Nadiem Makarim's actions were intended to benefit its predecessor, Aplikasi Karya Anak Bangsa, through Alphabet Inc.'s investment.
May 13, 2026 · 14 articles
Domestic
Impact: GoTo Group, the parent company of Gojek, stated that Nadiem Makarim had no decision-making role since his resignation in 2019, attempting to distance itself from the corruption charges.
Jun 30, 2026 · 26 articles
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