GoTo Group
GoTo Group is an Indonesian technology ecosystem that emerged from the merger of Gojek and Tokopedia in May 2021. The group integrates various services, including e-commerce, ride-hailing, delivery, and financial services, under a single app, primarily serving the Indonesian market. In 2024, GoTo divested its e-commerce business, forming a new entity in collaboration with TikTok Indonesia. Following this restructuring, the company anticipates that on-demand services will generate the majority of its revenue, while its financial services, such as loans and buy now, pay later options, are expected to grow. Before the divestment, a significant portion of the company's gross transactional value was derived from e-commerce activities.
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