JAKARTA -- A co-founder of one half of merged Indonesian superapp provider GoTo has stepped away from day-to-day management, as the company struggles to turn a profit amid a downturn in the global technology industry.
GoTo Group was established in May last year through the merger of two big local startups: ride hailing company Gojek and e-commerce platform Tokopedia. Both made their mark as unicorns, or private companies valued at more than $1 billion.
