| Founded | 2021 |
|---|---|
| Closed | 2023 |
| Country | Indonesia |
| Sector | Marketplace |
| Total raised | ~$5B |
| Collapse type | Slow Death |
| Founder | Andre Soelistyo / Kevin Aluwi |
GoTo Group
"Indonesia's super-app merger IPO'd at $28B then sold its crown jewel to TikTok"
Years-long decline before final shutdown
Key Events Timeline
GoTo Group was formed in May 2021 through the merger of Gojek (ride-hailing and on-demand services) and Tokopedia (Indonesia's second-largest e-commerce marketplace), both founded in 2009 and both unicorns with billions in funding.
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