Patrick Walujo News Today

While gross revenue stood at 4.2 trillion rupiah in Q1 2024, the firm's net revenue rose by 63% to 3 trillion rupiah.

Indonesias GoTo says on track for profitability

GoTo has acquired an 11.4% stake in the local multifinance firm PT Multifinance Anak Bangsa (MAB) for 32.45 billion rupiah ($2 million).

Indonesian tech firm GoTo will soon be 100% compliant with the trade ministry regulation banning in-app transactions on social media. TikTok, owned by ByteDance, acquired majority shares in GoTos e-commerce unit Tokopedia.

Indonesian tech firm GoTo will in 1.5 months be 100% compliant with the countrys trade ministry regulation that bans in-app transactions on social media, its CEO said on Wednesday. ...

By Kimberley Kao Indonesias GoTo and Bytedances TikTok will be fully compliant with a regulation that bans in-app transactions on social-media platforms in the country before the end of...

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Indonesian tech giant GoTo expects a bigger contribution from its e-commerce arm Tokopedia in 2024 following the latter's merger with TikTok.

JAKARTA: Indonesian tech firm GoTo and Chinese-owned partner TikTok will be wholly compliant in a month and a half with the South-East Asian nation's regulation that bans in-app transactions on social media, GoTo's CEO said on Wednesday (Feb 28).

Indonesian minister of cooperatives and small and medium enterprises Teten Masduki said that Tiktok Shop continues to violate government regulations.