GoTo Group in ‘execution mode’ for TikTok’s ecommerce, fintech integrations
Tech in Asia·2024-03-20 17:00
GoTo Group CEO Patrick Walujo / Photo credit: Northstar Group
GoTo Group began 2023 with persistent adjusted EBITDA losses and an “unsustainable” cash burn. But the year – which included the blockbuster merger deal involving TikTok Shop and Tokopedia – turned out to be a “transformative” one for the company, said CEO Patrick Walujo in GoTo’s most recent earnings call.
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