GoTo is Indonesia’s largest digital ecosystem, providing technology infrastructure and solutions to help people access and grow in the digital economy.
GoTo’s ecosystem in Indonesia offers mobility, delivery, payment, financial services, and technology solutions for merchants, along with e-commerce via Tokopedia and banking through partnerships.
PT GoTo reports its third consecutive quarterly profit in Q3 2026. The company highlights sustained financial performance amid market conditions. Management attributes growth to expanded digital services and operational efficiency.
GoTo reports its second consecutive quarterly net profit, driven by growth in its fintech segment and sustained cost controls. The Indonesian ride-hailing company leverages its fintech operations as a key revenue driver amid broader market challenges.
Grab and GoTo reduce two-wheeled driver commissions in Indonesia to **8%** from **20%** starting July 1. The move follows industry pressure and aims to ease financial strain on drivers operating in the ride-hailing and food delivery sectors. Both companies announced the change amid rising competition and regulatory scrutiny.
Indonesia’s President Prabowo Subianto proposes capping ride-hailing commissions, triggering a nearly 6% drop in GoTo’s stock. The policy targets GoTo’s core ride-hailing business, which includes Gojek, raising concerns about revenue stability. The move follows broader regulatory scrutiny of digital platform fees in Southeast Asia.
