GoTo shareholders approve investor Patrick Walujo as CEO

Northstar Group co-founder targets profitability amid intense competition

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Patrick Walujo was appointed president director and CEO at GoTo's general shareholder meeting in Jakarta on Friday. (Photo courtesy of GoTo)

KOYA JIBIKI, Nikkei staff writer

JAKARTA -- Indonesian superapp and e-commerce platform GoTo approved the appointment of Patrick Walujo, an early investor through his private equity firm, as CEO at its general shareholder meeting on Friday.

"I am deeply honored to continue my journey with GoTo as its president director and CEO, as we move towards profitability and sustainable long-term growth," Walujo said in a statement. He indicated an intention to strengthen cooperation among group services.

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