ASEAN Insight Provider, CrossASEAN Research

Angus Mackintosh

ASEAN Insight Provider

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

GoTo Gojek Tokopedia Tbk PT / Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/goto-gojek-tokopedia-tbk-pt" target="_blank" data-smartkarma-citation="entities:25976:1" rel="noopener">GoTo Gojek Tokopedia</a> may see a stabilisation of the declines in GTV that it has experienced over the last 2Qs, with some of the platform's new initiatives gaining traction.</li>
<li>The closure of TikTok Shop should be positive at the margin for Tokopedia but it has also rolled back its platform fee, which has had a positive impact on growth.</li>
<li>New initiatives include GoRide Transit, GoCorp, GoTo PLUS, and the GoPay app, with the latter seeing strong take-up. 3Q2023 results should reveal more details on initiatives. All-time low seems unjustified.</li>
</ul>



GoTo Gojek Tokopedia may see a stabilisation of the declines in GTV that it has experienced over the last 2Qs, with some of the platform's new initiatives gaining traction.
The closure of TikTok Shop should be positive at the margin for Tokopedia but it has also rolled back its platform fee, which has had a positive impact on growth.
New initiatives include GoRide Transit, GoCorp, GoTo PLUS, and the GoPay app, with the latter seeing strong take-up. 3Q2023 results should reveal more details on initiatives. All-time low seems unjustified.


GoTo Gojek Tokopedia (GOTO IJ) - Building Positive Resonance with New Initiatives

Research from Tech in Asia, Tech in Asia

Tech in Asia

Research from Tech in Asia

Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

News from Tech in Asia

Private Capital Markets

<ul><li>Proptech firm <a href="https://goro.id/" target="_blank" rel="noopener">Goro</a> is betting on <a href="https://holbornpropertyinvestments.com/mortgage-property/understanding-fractional-property-investments/" target="_blank" rel="noopener">fractional property investments</a> in Indonesia. With its namesake being derived from the Indonesian term Gotong Royong or mutual cooperation, its platform allows users to purchase a fraction of a property starting from US$0.7.</li><li>Returns come in the form of monthly paid-out rental income and capital gains when the property is sold.</li><li>Since launching earlier this year, Goro said its user base has grown 15% per week. The company added that its current portfolio, which is picked by professional property managers, is generating 11% <a href="https://www.mortgagechoice.com.au/guides/property-investment/what-is-rental-yield/#:~:text=Calculate%20net%20rental%20yield&amp;text=Sum%20up%20the%20annual%20rent,Multiply%20by%20100" target="_blank" rel="noopener">net annualized rental yield</a> for its users.</li></ul>

Proptech firm Goro is betting on fractional property investments in Indonesia. With its namesake being derived from the Indonesian term Gotong Royong or mutual cooperation, its platform allows users to purchase a fraction of a property starting from US$0.7.Returns come in the form of monthly paid-out rental income and capital gains when the property is sold.Since launching earlier this year, Goro said its user base has grown 15% per week. The company added that its current portfolio, which is picked by professional property managers, is generating 11% net annualized rental yield for its users.

Iterative Leads ID Proptech Firm Goro’s $1m Round

Indonesia

PT Teknologi Gotong Royong, doing business as GORO, operates as a real estate technology company. The Company provides property marketplace platform that allows users to own a portion of a properties, as well as enables monthly rental yield and capital appreciation when the property is sold. GORO serves customers in Indonesia.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

GORO (2297844D IJ)

GoTo Gojek Tokopedia (GOTO IJ) - Building Positive Resonance with New Initiatives

GoTo's new initiatives include GoRide Transit, GoCorp, GoTo PLUS, and the GoPay app, the latter seeing strong take-up. 3Q2023 results should see...

Angus Mackintosh

Iterative Leads ID Proptech Firm Goro’s $1m Round

Proptech firm Goro is betting on fractional property investments in Indonesia. With its namesake being derived from the Indonesian term Gotong...

Tech in Asia

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)