Indonesia’s GoTo posts 1st quarterly net profit as fintech business surges

Technology Superapp also attributes turnaround to “premium” segment and AI strategy Indonesian superapp GoTo, which includes ride hailing service Gojek and online marketplace Tokopedia, reported its first-ever quarterly net profit on April 28. (Photo courtesy of GoTo) JAKARTA — Indonesian superapp company GoTo on Tuesday announced its first quarterly net profit ever, driven by rapid expansion of its financial technology services.