GoTo Gojek Tokopedia Tbk. vs PP (Persero) Tbk. — how do they compare? GoTo Gojek Tokopedia Tbk. trades at Rp50 (market cap 57.03T, 17.94M 24h volume), while PP (Persero) Tbk. trades at Rp210 (market cap 1.25T, 11.12M 24h volume). The key difference: GoTo Gojek Tokopedia Tbk. is far larger — about 45.6× PP (Persero) Tbk.'s market cap, and GoTo Gojek Tokopedia Tbk. is more actively traded (17.94M versus 11.12M). Which is the better fit depends on your goals.
| GOTO | PTPP | |
|---|---|---|
Market Cap | 57.03T | 1.25T |
Volume | 17.94M | 11.12M |
Lot | 179.37K | 111.21K |
Turnover | 896.85M | 2.32B |
Average Price | 50 | 209.01 |
Value | 896.85M | 2.32B |
Indicative Equilibrium Price | 50 | 210 |
Indicative Equilibrium Volume | 2.62K | 669 |
Trailing returns across standard periods
Latest headlines on both assets
PT GoTo Gojek Tokopedia Tbk, formerly PT Aplikasi Karya Anak Bangsa (the Company) was established as a foreign investment company based on Notarial Deed No. 133 dated 10 December 2015 by Hasbullah Abdul Rasyid, S.H., M.Kn., notary in Jakarta Selatan which was approved by the Minister of Law and Human Rights of the Republic of Indonesia in its Decision Letter No. AHU-2471556.AH.01.01. Tahun 2015 dated 11 December 2015. Subsequently, in November 2021, the Company's legal name has been changed from PT Aplikasi Karya Anak Bangsa to PT GoTo Gojek Tokopedia Tbk. The Company commerced its commercial operations in March 2016. The Company's controlling shareholders are certain individuals known as The Founders who are the holders of the Company Class B ordinary shares.
Read more on GOTO →PT PP (Persero) was established under the name of NV Pembangunan Perumahan based on the Notarial Deed No. 48 of August 26, 1953. At the time it was established PT PP (Persero) was entrusted to build houses for the officers of PT Semen Gresik Tbk, a subsidiary of BAPINDO in Gresik. Along with increased trust, PT PP (Persero) received the duty to construct large projects that were related to war compensations the Government of Japan paid to the Republic of Indonesia, namely : - Hotel Indonesia, Bali Beach Hotel, - Ambarukmo Palace Hotel and - Samudera Beach Hotel.1960 In compliance to Government Regulation No. 63 year 1960, PN (Perusahaan Negara) Pembangunan Perumahan changed into PN Pembangunan Perumahan. 1962 In 1962, PT PP (Persero) completed the construction of Hotel Indonesia, a 14 stories with 427 rooms, which at the time was the highest building in Indonesia. 1971 In compliance to the Government Regulation No. 39 year 1971, PN Pembangunan Perumahan changed and become PT Pembangunan Perumahan (Persero), which was legalized through the Deed No. 78 dated March 15, 1973. The Company's core business was construction services. 1991-2007 For more than five decades, PT PP (Persero) has been a key player in the national construction business. Several mega projects have been constructed in that period. Subsequently, starting in 1991, PT PP (Persero) diversified its business, including office space rental at Plaza PP and realty business development in the area of Cibubur, and also the establishment of several subsidiaries through partnerships with foreign companies, among others PT PP Taisei Indonesia Construction and PT Mitracipta Polasarana.
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