GoTo Group

Jakarta, Indonesia Technology Public

GoTo Group is Indonesia's largest technology group formed from the 2021 merger of Gojek (ride-hailing and delivery) and Tokopedia (e-commerce). The company operates an integrated ecosystem providing mobility, logistics, payments, financial services, and merchant technology across Indonesia. In January 2024, GoTo divested 75% of Tokopedia to TikTok for USD 1.5 billion investment, retaining 25% ownership while maintaining a revenue stream from e-commerce service fees.

Public Company

GoTo Group is publicly traded

IPO'd on April 11, 2022

GOTO IDX

This company is no longer available on our private secondary market. Shares can be traded publicly under GOTO.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2021

Employees

3,505

Total Funding

$2.4B

2 rounds

Last Private Valuation

$28.5B

November 2021

Funding

Total raised $2.4B across 2 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

IPO

Date

April 11, 2022

Amount

$1.1B

Valuation

$28B

Lead Investors

N/A
DateRoundAmount RaisedValuationLead Investors
April 11, 2022 IPO $1.1B $28B N/A
November 2021 Pre-IPO / Late-stage $1.3B $28.5B Abu Dhabi Investment Authority

Leadership

  • Hans Patuwo

    President Director and Group Chief Executive Officer

  • Andre Soelistyo

    Co-founder, Board of Commissioners

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Grab

    Southeast Asian ride-hailing and super-app platform with presence in multiple countries including Indonesia, Malaysia, Singapore, and Thailand

  • Shopee

    Southeast Asian e-commerce platform owned by Sea Limited, major competitor in Indonesia's online retail market

  • Bukalapak

    Indonesian e-commerce marketplace platform serving small and medium enterprises and consumers

  • Blibli

    Indonesian e-commerce platform with focus on fashion, electronics, and general merchandise

GoTo Group Investment FAQ

GoTo Group FAQ

Yes, GoTo Group is publicly traded under the ticker symbol GOTO on the IDX. The company went public in April 11, 2022.

GoTo Group trades under the ticker symbol GOTO on the IDX. It began trading in April 11, 2022.

GoTo Group (GOTO on the IDX) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker GOTO to place an order.

GoTo Group went public in April 11, 2022 via ipo, with an offering valuation of approximately $28.5B. GoTo Group listed on the Indonesia Stock Exchange (IDX) on April 11, 2022, under ticker GOTO. The IPO raised USD 1.1 billion (IDR 15.8 trillion) at an IPO price of IDR 338 per share, achieving a market capitalization of USD 28 billion. The offering attracted approximately 300,000 investors, the highest number ever to participate in an IDX IPO. Shares climbed 15% on the first trading day to IDR 388.

GoTo Group raised $2.4B across 2 disclosed funding rounds prior to its public listing.

GoTo Group was founded by Andre Soelistyo in 2021.

GoTo Group is headquartered in Jakarta, Indonesia.

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