JAKARTA -- Andre Soelistyo, CEO of Indonesian superapp and e-commerce platform provider GoTo, appeared humbled by the more than 50% increase in its net loss in 2022, calling the period "challenging" and an "inflection point" for the company, which has struggled to turn a profit.
"It was a year that changed our thinking and showed us how we needed to operate," Soelistyo said at a news conference last month announcing the annual results.
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