This weekly newsletter chronicles top digital themes and trends playing out in SE Asia, especially Indonesia. We will decode policy and regulatory changes affecting digital economy sectors, crunch earnings data of top players, track developments related to gig economy workers and attempt to piece together ecosystem buildouts in some of the fastest-growing, venture-backed plays. You can access the previous editions of the Vantage Point weekly posts here.
- Scrutinising GoTo for more concrete measures of profitability
- What will drive Indonesia’s consumer story in 2023?
- GrabMaps begins to bear fruit
Scrutinising GoTo for more concrete measures of profitability
The announcement by Indonesian tech giant GoTo last week that it will achieve profitability, in terms of adjusted EBITDA and group contribution margin, earlier than expected came as a surprise given that the full-year 2022 and fourth quarter 2022 results are not due until March.