• Newsletter
  • Contact
  • Press Releases
Thursday, June 5, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home Feature News

GoTo’s ex-commissioner William Tanuwijaya buys 1.06bn stocks amidst the founder’s exit issue

William is estimated to have spent around US$3.2 million if he assumed a Series A stock purchase of GoTo using the lowest price. 

Syifa by Syifa
July 11, 2024
in Feature News, Industry, News
0
William

ex-Commissioner and co-Chairman of GoTo, William Tanuwijaya (image by detikfinance)

Share on FacebookShare on Twitter

Heaptalk, Jakarta — The former Commissioner and Co-Chairman of PT GoTo Gojek Tokopedia (GoTo), William Tanuwijaya, reportedly augmented the stock ownership of GoTo by buying substantial amounts, approximately 1.06 billion Series A stock of GoTo.

However, there is no detailed information regarding the period and price of the shares that William bought. However, IDX data shows that GoTo shares are trading in the price range of Rp51 – Rp58 in June 2024. William is estimated to have spent around US$3.2 million (Rp3.3 billion) if he assumed a Series A stock purchase using the lowest price.

According to the Monthly Report of GoTo Securities Holder Registration in Indonesia’s Stock Exchange (IDX) as of June 30th, 2024, this digital ecosystem company’s Series A share ownership by William Tanuwijaya increased by around 8.36 billion (0.7%) shares, compared to the former of only 7.29 billion (0.61%) shares at the end of May 2024. On the other hand, William still possesses GoTo Series B or Multiple Voting Share (MVS) shares of around 12.58 billion (1.05%), together with four other shareholders.

World Ai Jakarta 2025
World Ai Jakarta 2025

As is known, William’s action in the GoTo share buyback was carried out after he no longer served as the company’s commissioner. Moreover, control of Tokopedia was also handed over to TikTok’s parent company, ByteDance. Nevertheless, William’s strategic move in buying GoTo shares in large quantities is claimed to be his optimism regarding the future performance of GoTo shares.

Previously, the ex-Founder of Tokopedia also unleashed GoTo shares in December and October last year in several periods, with a total of 1.096 billion GoTo shares, representing about US$5.94 million (around Rp. 96.3 billion) from two its share trading.

In the first share disposal phase on October 9th -13th, 2023, he released GoTo’s series A stock of about 332.22 million shares, representing 0.03% of GoTo’s issued capital. As a result, William is estimated to receive fresh funds worth US$1.6 million, or equivalent to Rp26.2 billion. While in the second phase of trading on December 14th – 18th, 2023, he also unleashed about 764.5 of Series A stock, representing 0.06% of the capital issued.

“This transaction aims to shell out credit facilities,” William said, cited in Bisnis.

Tags: GoToTokopediaWilliam Tanuwijaya

Related Posts

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

June 5, 2025
KL1 Phase 2 has been completed. Credit: Equinix

Equinix completes KL1 Phase 2 data center in Kuala Lumpur

June 2, 2025
Commemorating Professor Soemitro's 108th anniversary at Soemitro Center (05/29). Credit: Haris

Soemitro Center: A platform for Indonesia’s young economists

May 31, 2025
Lifree breathable adult diapers can help improve skin health. Credit: Haris

Unicharm research: Lifree improves quality of life for elderly

May 31, 2025
Xiaomi's premiumization strategy has yielded positive results in Q1 2025. Credit: Sinta

Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

May 31, 2025
Kaspersky appointed Defi Nofitra as first country manager for Indonesia. Credit: Kaspersky

Kaspersky appoints Defi Nofitra as first country manager for Indonesia

May 31, 2025
  • 32321

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
the 10th world battery & energy industry expo 2025World Ai Jakarta 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
  • Equinix completes KL1 Phase 2 data center in Kuala Lumpur
  • Soemitro Center: A platform for Indonesia’s young economists
  • Unicharm research: Lifree improves quality of life for elderly
  • Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • About Us
  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com