Jakarta-based GoTo Group reports Q1 gross revenue up 53% YoY to ~$357M and a ~$370M adjusted loss, up from ~$130M YoY, after raising $1.1B in its March 2022 IPO (Bloomberg)

Jakarta-based GoTo Group reports Q1 gross revenue up 53% YoY to ~$357M and a ~$370M adjusted loss, up from ~$130M YoY, after raising $1.1B in its March 2022 IPO (Bloomberg)




Bloomberg:

Jakarta-based GoTo Group reports Q1 gross revenue up 53% YoY to ~$357M and a ~$370M adjusted loss, up from ~$130M YoY, after raising $1.1B in its March 2022 IPO  —  GoTo Group shares declined after its quarterly losses widened, underscoring investor skepticism about the earnings potential …





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