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Groundstar Resources

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uuid003oa5x

Namestring
Groundstar Resources
Company typeenum
Private
Founded yearint
1968
Descriptiontext

Groundstar Resources operates a single consumer-facing digital platform branded as NewToto88, marketed on its website (groundstarresources.com) as a "modern e-commerce platform" connecting sellers and buyers through a cloud-based infrastructure with integrated digital payment processing. The platform is described as featuring an "intelligent system" for product discovery, promotional tracking, and transaction processing, with stated emphasis on trust, speed, and a user-friendly interface.

The underlying technology stack, as disclosed in the input, is limited to a cloud-hosted web storefront plus an Android APK distribution channel, with live chat support as a post-sale engagement layer. No proprietary technology beyond generic cloud integration is documented, and there are no patents, certifications, API/SDK offerings, or integrations in the data. Distribution is domestic-only through web and APK, and the target buyer segment is characterized as "General Online Consumers" — individuals seeking online shopping experiences — with a horizontal segmentation approach.

No business-model mechanics are disclosed: pricing is not publicly available, no revenue or GMV figures are reported, no headcount or office locations are provided, no legal entity name is identified, no founding date is given, and no management team, ownership, funding history, partnerships, awards, or named customers are documented. All outbound links on the company's site resolve to a third-party domain (ovobali.com), which represents a notable transparency and governance gap for any prospective investor.

Short descriptiontext

Groundstar Resources operates the NewToto88 cloud-based platform, a single consumer-facing e-commerce product targeting general online consumers via web and Android APK channels, with integrated digital payments and live chat support. No revenue, customer, headcount, or ownership data is disclosed.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCalgary, Canada
HQ citystring
Calgary
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
online shopping platform, digital payment processing, cloud commerce infrastructure, mobile commerce app, e-commerce platform
Product category
E-commerce Platform
Social media profiles1 record
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Technology or R&D, Operations, Marketing or Sales, Personnel
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

Groundstar Resources operates NewToto88, a digital e-commerce platform that delivers an online shopping experience via web and a downloadable Android APK. The platform combines cloud-based infrastructure with trusted digital payment systems and an intelligent product discovery system to enable buyers to find products, follow promotions, and complete secure digital transactions. NewToto88 positions itself as a bridge between sellers and buyers within a growing digital ecosystem.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

NewToto88 is a single unified e-commerce platform offered by Groundstar Resources. The platform combines modern e-commerce technology with cloud infrastructure and trusted digital payment systems to enable product discovery, promotional tracking, and secure transactions between sellers and buyers in a digital ecosystem.

Product and service1 record
1NewToto88
CategoryE-commerce Platform
Description

NewToto88 is a modern digital e-commerce platform that delivers innovative online shopping experiences with fast, secure, and trusted services. It features an intelligent product discovery system, cloud-based infrastructure, and integrated trusted digital payment processing, connecting sellers and buyers in a growing digital ecosystem and accessed via web platform and a downloadable Android APK.

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers5 records
TypeDirect peer
Description

Indonesian e-commerce platform operating web and mobile channels with multi-category product discovery. Comparable on Indonesian geography, multi-channel distribution, and consumer-facing e-commerce positioning.

TypeDirect peer
Description

Leading SEA e-commerce marketplace with a mobile-first, multi-channel web + app model and strong Indonesian presence. Directly comparable on target customer (Indonesian online consumers), distribution channels (web + mobile), and transactional marketplace structure.

TypeDirect peer
Description

Indonesian e-commerce marketplace focused on connecting sellers and buyers, with an SMB-heavy merchant base. Comparable on Indonesian market focus, horizontal marketplace structure, and SMB/consumer seller-buyer model.

TypeDirect peer
Description

Major Indonesian e-commerce marketplace (now part of the TikTok/Tokopedia group) connecting sellers and buyers with cloud-based transaction infrastructure. Comparable on geography, marketplace business model, and SMB/consumer target segments.

TypeDirect peer
Description

Pan-SEA e-commerce platform with a dedicated Indonesia storefront and web + mobile app distribution. Comparable on multi-channel digital commerce in the same geography and similar consumer target.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat1 record

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Groundstar Resources

E-commerce Platformgroundstarresources.com

Groundstar Resources operates the NewToto88 cloud-based platform, a single consumer-facing e-commerce product targeting general online consumers via web and Android APK channels, with integrated digital payments and live chat support. No revenue, customer, headcount, or ownership data is disclosed.

What Groundstar Resources does

Groundstar Resources operates a single consumer-facing digital platform branded as NewToto88, marketed on its website (groundstarresources.com) as a "modern e-commerce platform" connecting sellers and buyers through a cloud-based infrastructure with integrated digital payment processing. The platform is described as featuring an "intelligent system" for product discovery, promotional tracking, and transaction processing, with stated emphasis on trust, speed, and a user-friendly interface.

The underlying technology stack, as disclosed in the input, is limited to a cloud-hosted web storefront plus an Android APK distribution channel, with live chat support as a post-sale engagement layer. No proprietary technology beyond generic cloud integration is documented, and there are no patents, certifications, API/SDK offerings, or integrations in the data. Distribution is domestic-only through web and APK, and the target buyer segment is characterized as "General Online Consumers" — individuals seeking online shopping experiences — with a horizontal segmentation approach.

No business-model mechanics are disclosed: pricing is not publicly available, no revenue or GMV figures are reported, no headcount or office locations are provided, no legal entity name is identified, no founding date is given, and no management team, ownership, funding history, partnerships, awards, or named customers are documented. All outbound links on the company's site resolve to a third-party domain (ovobali.com), which represents a notable transparency and governance gap for any prospective investor.

Groundstar Resources firmographics

Firmographics
Name
Groundstar Resources
Website
https://groundstarresources.com
Company type
Private
Founded year
1968
Operating status
Operating
Headcount range
11–50 employees
Short description
Groundstar Resources operates the NewToto88 cloud-based platform, a single consumer-facing e-commerce product targeting general online consumers via web and Android APK channels, with integrated digital payments and live chat support. No revenue, customer, headcount, or ownership data is disclosed.
Ownership category
akta.pro rank

Where Groundstar Resources is headquartered

Location

Headquarters

HQ city
Calgary
HQ country
Canada
HQ region
North America

Markets served

Groundstar Resources business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Technology or R&D, Operations, Marketing or Sales, Personnel

Distribution channels2 records

Marketing channels1 record

Groundstar Resources product offering

Product offering

Core offering

Groundstar Resources operates NewToto88, a digital e-commerce platform that delivers an online shopping experience via web and a downloadable Android APK. The platform combines cloud-based infrastructure with trusted digital payment systems and an intelligent product discovery system to enable buyers to find products, follow promotions, and complete secure digital transactions. NewToto88 positions itself as a bridge between sellers and buyers within a growing digital ecosystem.

Product overview

NewToto88 is a single unified e-commerce platform offered by Groundstar Resources. The platform combines modern e-commerce technology with cloud infrastructure and trusted digital payment systems to enable product discovery, promotional tracking, and secure transactions between sellers and buyers in a digital ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

  • NewToto88 NewToto88 is a modern digital e-commerce platform that delivers innovative online shopping experiences with fast, secure, and trusted services. It features an intelligent product discovery system, cloud-based infrastructure, and integrated trusted digital payment processing, connecting sellers and buyers in a growing digital ecosystem and accessed via web platform and a downloadable Android APK.

Companies that use Groundstar Resources

Customer profile

Segments1 record

Ideal customer profiles1 record

Groundstar Resources technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Groundstar Resources partnerships and signals

Strategic signal

Recent moves3 records

Expansion highlights2 records

Groundstar Resources competitors and assessment

Company assessment

Direct peers

  • Blibli: Indonesian e-commerce platform operating web and mobile channels with multi-category product discovery. Comparable on Indonesian geography, multi-channel distribution, and consumer-facing e-commerce positioning.
  • Shopee: Leading SEA e-commerce marketplace with a mobile-first, multi-channel web + app model and strong Indonesian presence. Directly comparable on target customer (Indonesian online consumers), distribution channels (web + mobile), and transactional marketplace structure.
  • Bukalapak: Indonesian e-commerce marketplace focused on connecting sellers and buyers, with an SMB-heavy merchant base. Comparable on Indonesian market focus, horizontal marketplace structure, and SMB/consumer seller-buyer model.
  • Tokopedia: Major Indonesian e-commerce marketplace (now part of the TikTok/Tokopedia group) connecting sellers and buyers with cloud-based transaction infrastructure. Comparable on geography, marketplace business model, and SMB/consumer target segments.
  • Lazada: Pan-SEA e-commerce platform with a dedicated Indonesia storefront and web + mobile app distribution. Comparable on multi-channel digital commerce in the same geography and similar consumer target.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat1 record

Key risks7 records

Key highlights4 records

Customer concentration

Groundstar Resources social profiles

Digital presence

Groundstar Resources financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Groundstar Resources leadership team

Management profile

Number of profiles

Groundstar Resources funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Groundstar Resources M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Groundstar Resources

What does Groundstar Resources do?

Groundstar Resources operates NewToto88, a digital e-commerce platform that delivers an online shopping experience via web and a downloadable Android APK. The platform combines cloud-based infrastructure with trusted digital payment systems and an intelligent product discovery system to enable buyers to find products, follow promotions, and complete secure digital transactions. NewToto88 positions itself as a bridge between sellers and buyers within a growing digital ecosystem.

When was Groundstar Resources founded?

Groundstar Resources was founded in 1968. It employs 11 to 50 people.

Where is Groundstar Resources based?

Groundstar Resources is headquartered in Calgary, Canada, in the North America region.

Who are Groundstar Resources's main competitors?

Direct peers on record are Blibli, Shopee, Bukalapak, Tokopedia and Lazada.

Does Groundstar Resources have an API?

No public API is recorded for Groundstar Resources.

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Live signals
GlobeNewswireIIROC Trading Halt / Suspension de la negociation par l'OCRCVM - GSAIIROC suspended trading in Groundstar Resources Limited (TSX-V: GSA) at 7:27 AM on Sept. 5, 2018, citing a CTO (interdiction d'opérations sur valeurs). The halt is typically issued in anticipation of a material news announcement, and IIROC cannot provide further details.GlobeNewswireGroundstar Resources Limited Announces Closing of FinancingGroundstar Resources closed the first tranche of its private placement, issuing 16,650,000 common units at $0.01 each for gross proceeds of $166,500. The units include warrants exercisable at $0.05 in the first year and $0.075 in the second. Proceeds will be used for general corporate purposes and potential drilling or acquisitions.GlobeNewswireGroundstar Resources Limited Announces Update to FinancingGroundstar Resources amended its convertible debenture terms, raising the conversion price to $0.02 per share and adding warrants exercisable at $0.05. The company also plans a second financing of up to 20 million units at $0.01 each, contingent on renegotiating major creditor debt. Closings are expected within a month, with proceeds for drilling and acquisitions.GlobeNewswireIIROC Trade Resumption / L'OCRCVM permet la reprise de la negociation - GSATrading resumes for Groundstar Resources Ltd. (TSX-V: GSA) at 15:30 ET. IIROC may impose temporary trading suspensions in anticipation of material news, ensuring equal investor access. No further details on the specific halt are provided.GlobeNewswireGroundstar Resources Limited Announces Filing of Financial StatementsGroundstar Resources Limited filed its interim financial statements for the period ended October 31, 2017, and announced the resignation of acting CFO Murray Stodalka. The company also closed its previously announced financing, raising gross proceeds of $20,000.GlobeNewswireGroundstar Resources Limited Announces FinancingGroundstar Resources announced a private placement offering of up to 50 million common shares at $0.01 each, raising up to $500,000. Proceeds will fund general corporate purposes, including drilling new wells or acquiring producing assets, with the initial tranche expected to close on October 31, 2017.GlobeNewswireGroundstar Resources Limited Announces Loan TransactionGroundstar Resources Limited executed a loan agreement with a private Alberta-based lender for up to CDN$100,000 to fund working capital and operations. The loan carries 10% annual interest, is repayable over 60 days with a possible 30-day extension, and is secured by all company assets. The transaction is subject to TSX Venture Exchange approval.GlobeNewswireGroundstar Resources Limited Announces Termination of LOIGroundstar Resources terminated its letter of intent to acquire oil and gas assets in Alberta, so the deal will not proceed. The stock halt is expected to be lifted, and trading is set to resume on August 2, 2017.GlobeNewswireIIROC Trading Halt / Suspension de la negociation par l'OCRCVM - GSAIIROC suspended trading in Groundstar Resources Ltd. (TSX-V: GSA) at 3:51 p.m. on July 7, 2017, pending news. The halt is at the company's request, with no further details disclosed.GlobeNewswireGroundstar Resources Limited Provides Corporate UpdateGroundstar Resources received a CRA audit proposal showing shortfalls of $248,997 and $563,998 for 2012 and 2013, with no shortfall in 2014. The company was assessed $116,519 in Part XII.6 tax, penalties, and interest, and is preparing its response.