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GoTo CEO Discusses Second Quarter 2026 Financial Results

30 Temmuz 2026Bllomberg

Hans Patuwo, CEO of GoTo Group, discusses the company's second-quarter results for 2026, highlighting a consecutive quarter of net income. He provides insights into GoTo's future outlook and addresses concerns regarding its stock price, which has been trading at the lowest allowable level on the Jakarta exchange.
This interview was conducted by Haidi Stroud Watts on Bloomberg's 'The Asia Trade'.
GoTo Group, a major player in Indonesia's ride-hailing and food delivery sectors, has been navigating a challenging market landscape. The company's financial performance has been closely watched by investors, particularly in light of its stock price constraints on the Jakarta exchange.
GoTo's achievement of net income for two consecutive quarters suggests a potential turnaround for the company, which has faced significant challenges in the competitive ride-hailing and food delivery market. However, the persistent low stock price raises questions about investor confidence and the company's long-ter…

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This article is for informational purposes only and does not constitute financial advice.