Indonesia-listed technology major PT GoTo Gojek Tokopedia (GoTo) reported widening losses in the first half of 2022, despite a 49% year-on-year growth in gross revenue in the period.
GoTo’s losses in the January-June period of 2022 stood at 13.64 trillion rupiah ($920 million), widening around 117% from 6.28 trillion rupiah in the corresponding period last year.
