Indonesian Tech Firm GoTo Cut From MSCI Indexes in Review
MSCI Inc. has removed Indonesian tech company GoTo Group from its indexes following a significant plunge in its share price, which made the stock difficult to trade.
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MSCI Inc. has removed Indonesian tech company GoTo Group from its indexes following a significant plunge in its share price, which made the stock difficult to trade.
GoTo Group, an Indonesian ride-hailing and food delivery platform, faces potential exclusion from MSCI Inc.'s indexes following a significant plunge in its share price.
Hans Patuwo, CEO of GoTo Group, discussed the Indonesian ride-hailing and food delivery firm's second-quarter results, which marked a consecutive quarter of net income, and outlined the company's future outlook.