Indonesia’s GoTo narrows quarterly underlying loss in Q2 2024

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JAKARTA (Reuters) – Indonesia’s biggest tech company PT GoTo Gojek Tokopedia Tbk reported a second-quarter underlying loss of 70 billion rupiah ($4.30 million) on Tuesday, a lower figure than the last quarter of 139 billion rupiah loss.

The company also reported a 3% rise in second-quarter net revenue to 3.66 trillion rupiah.

($1 = 16,295.0000 rupiah)

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(Reporting by Stanley Widianto and Stefanno Sulaiman; Editing by Louise Heavens)