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

Inside Retail

DECEMBER 6, 2022

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. Part of the spending was aimed at poaching the best talent from other companies. The retrenchments meant GoTo joined Singapore-based Sea Ltd., per cent last year.

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‘The door is open’: Why Larry Kestelman is going all in on retail

Inside Retail

JULY 29, 2021

We spoke with LK Group’s Larry Kestelman about his recent acquisition of Brand Collective and what kinds of retail brands he’s looking to acquire next. The PAS business is 70% fashion and 30% shoes, whereas this one is the other way around. They really own brands and take brands to market.

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