JAKARTA -- GoTo reported Wednesday a net loss of 375 billion rupiah ($23 million) in the April-June period, an 80% improvement from a year earlier, helped by its growing financial business and on-demand services.
Technology
Indonesian superapp GoTo narrows loss to $23m in Q2
Its financial business leads growth but weak consumer demand still a drag
Indonesian superapp company GoTo, which operates ride-hailing service Gojek and e-commerce platform Tokopedia, is still facing weak consumer sentiment. (Photo by Yuki Kohara)
Read Next
Latest on Technology
