Future Tech

Indonesia's GoTo reports significant drop in Q3 underlying losses

Tan KW
Publish date: Mon, 30 Oct 2023, 11:11 PM
Tan KW
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Future Tech

JAKARTA - Indonesia's biggest tech firm PT GoTo Gojek Tokopedia reported 942 billion rupiah ($59.30 million) in underlying losses for the third quarter, a significant drop from last year's 3.7 trillion rupiah, the company said on Monday.

GoTo, which offers ride-hailing, e-commerce, and financial services, said its net losses for the period were at 2.4 trillion rupiah, a drop from last year's 6.7 trillion rupiah

 

 - Reuters

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