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Search result with “Goto Losses” as a keyword founded 21 news.

Court Sentences Nadiem Makarim to 10 Years in Chromebook Case

... 121.8 million) in state losses through the procurement of Chromebooks ... the indictment, the alleged losses consisted of Rp 1.56 ... examined Google's investment in GoTo as part of its financial ... between Google's investment in GoTo and discussions with Indonesia's ...
News Jun 30, 2026 | 3:10 pm

Wife Shares Hospital Photo of Nadiem Who Faces 18-Year Prison Demand

... and 2022, allegedly causing state losses of Rp 2.18 trillion ($124 ... legally and transparently. Read More: GoTo Clarifies Nadiem Makarim Has No ...
News May 14, 2026 | 11:04 pm

Nadiem Denies Signing Chromebook Procurement Documents

... trillion ($129 million) in state losses, telling a Jakarta anti-corruption ... the project caused state losses of Rp 2.1 trillion. ... According to prosecutors, the losses included Rp 1.5 trillion in ... company of tech conglomerate GoTo Gojek Tokopedia. Nadiem has ...
News May 11, 2026 | 7:12 pm

GoTo Posts First Net Profit, Holds Guidance on Macro Concerns

... commerce group after years of losses, with adjusted EBITDA reaching ... beat was largely fueled by GoTo Financial (GTF), where ... stronger-than-expected quarter, GoTo maintained its full-year ... support for shareholder returns. GoTo recorded adjusted free cash flow ...
Business Apr 29, 2026 | 10:31 am

Google Executives Deny Link to Indonesia Chromebook Case

... the tech giant’s investment in GoTo was tied to discussions with ... all between Google’s investment in GoTo and any of the conversations ... Gojek with Tokopedia to form GoTo Group in 2021, is ... pricing decisions. They also claim losses included Rp 1.56 trillion tied ...
News Apr 20, 2026 | 11:38 pm

GoTo Narrows Net Loss by 77% in 2025 as Revenue Climbs

Jakarta. Technology company GoTo Gojek Tokopedia (GOTO) reported a sharp ... expenses helped push operating losses down sharply to Rp ... and effective capital allocation.” GoTo's shares jumped 3.64% ... its “outperform” rating on GoTo’s shares with a target ...
Business Mar 11, 2026 | 6:32 pm

Ex-Minister Nadiem Says Facts Will Emerge as Google Chromebook Case Proceeds

... Management (CDM) services caused state losses of about Rp2.18 trillion ... case, saying he had asked GoTo, Gojek’s parent company, to clarify ... disputed the calculation of state losses, saying prosecutors treated the entire ...
News Jan 12, 2026 | 6:41 pm

Grab Raises 2025 Guidance After Strong Q3 Earnings

... in at $27 million, reversing losses recorded in previous years, while ... Denies $7 Billion Merger Rumor With GoTo Chief Financial Officer Peter Oey ...
Business Nov 4, 2025 | 12:18 pm

Jakarta Court Upholds Ex-Minister, Gojek Cofounder Nadiem Makarim’s Graft Status

... presumption of innocence.” Read More: GoTo Clarifies Nadiem Makarim Has No ... 2 trillion ($130 million) in state losses due to poor implementation and ...
News Oct 13, 2025 | 9:05 pm

GoTo Clarifies Nadiem Makarim Has No Role in Company

Jakarta. Indonesian tech giant GoTo Gojek Tokopedia (GoTo) on Friday issued a ... since,” said Ade Mulya, GoTo’s Director of Public Affairs ... shareholder of the company. GoTo’s operations have never been ... the mismatch resulted in state losses of Rp 1.98 trillion ...
Business Sep 6, 2025 | 5:11 am

Ex-Minister Nadiem Makarim Detained Over Chromebook Procurement Scandal

... trillion ($122 million) in state losses. “After evaluating evidence and witness ... Nadiem. Read More: AGO Searches GoTo Office in Rp 9.9 Trillion Chromebook ...
News Sep 4, 2025 | 6:39 pm

Chromebook Corruption Suspect Placed Under City Detention with Electronic Monitoring Bracelet

... (approximately $122 million) in state losses. According to Anang Supriatna, spokesman ... More: Prosecutors Seize Documents from GoTo in Education Ministry Laptop Probe ...
News Jul 18, 2025 | 11:42 am

Prosecutors Seize Documents from GoTo in Education Ministry Laptop Probe 

... headquarters of technology giant GoTo Gojek Tokopedia and ... prosecutors also interrogated former GoTo CEO Andre Soelistyo and ... and seized documents from GoTo,” AGO spokesman Anang Supriatna ... 122.7 million) in state losses. The two additional suspects identified ...
News Jul 16, 2025 | 10:57 pm

AGO Names Four Suspects in $122M Chromebook Corruption Case

... trillion ($122 million) in state losses, the Attorney General’s Office said ... office of tech giant GoTo Gojek Tokopedia (GOTO) in Jakarta as part ... merged with Tokopedia to form GoTo. The AGO said it will ...
News Jul 16, 2025 | 9:46 am

GoTo’s Losses Shrink 96 Percent in 2024 as Growth and Cost Cuts Pay Off

... 2024, tech conglomerate GoTo Gojek Tokopedia (GOTO) has yet ... company significantly narrowed its losses from Rp 87.3 trillion ... . Patric added that GoTo experienced significant user growth ... Meanwhile, cost efficiencies helped GoTo reduce its recurring fixed ...
Business Mar 13, 2025 | 10:44 am

Foreign Investors Dump Indonesian Stocks, JCI Plummets as BBRI and GOTO Take Heavy Hit

... (BBRI) and tech company GoTo Gojek Tokopedia (GOTO) bore the brunt of ... sold stock of the day. GOTO followed closely, with a net foreign ... basic materials suffering the steepest losses at 3.2 percent. The consumer discretionary ...
Business Mar 11, 2025 | 9:31 pm

Fire Breaks Out at Gojek Office in Pasaraya Blok M, No Casualties Reported

... the fire, damages, and potential losses. GoTo Group’s Head of Corporate Communications ... . "A small fire was detected at GoTo's office and was quickly handled ... arm of tech conglomerate GoTo Gojek Tokopedia (IDX: GOTO). Gojek and Singapore ...
News Feb 19, 2025 | 5:44 pm

GOTO Stock Dips to Record Low Below 1 Cent, Raises FCA Listing Concerns

... of tech conglomerate GoTo Gojek Tokopedia (GOTO) plummeted to an ... prospectus predicted that GOTO would suffer losses of tens of ... trillions of rupiah for several years. GOTO ... a 76 percent reduction in losses, improved cash flow, and ...
Business Jun 20, 2024 | 4:07 pm

GoTo Records Positive Growth, Eyes Break-even in 2024

... significant improvement in its losses and is on course ... divested from the GoTo Group. The GoTo Group has also ... delivery and fulfillment business under GoTo Logistics. Upon completion of ... this transaction, GoTo Logistics will also be divested ...
Business Apr 30, 2024 | 3:22 pm

Telkom Stock Under Pressure Due to GOTO Investment Losses

... due to investment losses in tech company Goto Gojek Tokopedia (GOTO) stocks. The ... 2023, Telkomsel's unrealized losses from its investment in GOTO amounted to Rp ... 6.8 trillion. These losses occurred as the price of GOTO stocks declined from ...
Business Apr 22, 2024 | 11:29 am
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