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Why Asian e-commerce giant GoTo is cutting costs despite top-line growth

Inside Retail

For GoTo, the company formed in May 2021 by a merger between Tokopedia and Gojek, 2022 is shaping up to be the year that it has made serious strides toward profitability. parent company of GoTo’s main e-commerce competitor, Shopee, which reportedly has also laid off 10 per cent of its workforce this year. per cent in 2021.

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‘Back to the hustle’: Why Ryan Gracie left Catch to join MyDeal

Inside Retail

We recently spoke with Gracie, who ranked 47th on Inside Retail’s 2021 Top 50 People in E-Commerce , about the rise of online marketplaces, how pureplays can compete with omnichannel retailers and what he loves about marketing. You don’t form the relationship that you form when you go into a bricks-and-mortar store.

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