JAKARTA -- GoTo's fintech division has established itself as the Indonesian tech giant's growth engine and is poised to clock positive quarterly adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) significantly ahead of schedule, said a top executive during the company's third-quarter earnings call on Wednesday.
"Our progress is such that we expect our financial technology segment to reach positive adjusted EBITDA [in the fourth quarter], one year ahead of schedule," said the GoTo group's CEO, Patrick Walujo.
