Indonesia's GoTo posts $174m loss in first half
JAKARTA -- Indonesian superapp provider GoTo said on Tuesday that it recorded a net loss of 2.8 trillion rupiah ($174 million) for the first six months of this year.
The January-through-June figure narrowed from 7.2 trillion rupiah in the same period last year, GoTo said in a financial statement. Net revenue rose to 7.7 trillion rupiah, up 12%.