GoTo’s market value drops to $6.1b, about half of rival Grab’s

GoTo’s market value drops to $6.1b, about half of rival Grab’s

Tech in Asia·2022-12-09 20:00

As GoTo Group’s share price continues to fall after its stock lockup agreement ended, the company’s market value has dropped to US$6.1 billion – almost half of its regional rival Grab’s US$11.8 billion.

As of July this year, Grab had a market size of US$9.6 billion, while GoTo was at US$25.5 billion.

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