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GoTo reports net income of ~$15M for Q1 2026, its first ever, after job cuts and unit disposals helped Indonesia's largest internet company reduce costs (Olivia Poh/Bloomberg) from Techmeme RSS feed.
GoTo reports net income of ~$15M for Q1 2026, its first ever, after job cuts and unit disposals helped Indonesia's largest internet company reduce costs (Olivia Poh/Bloomberg)
Olivia Poh / Bloomberg:
GoTo reports net income of ~$15M for Q1 2026, its first ever, after job cuts and unit disposals helped Indonesia's largest internet company reduce costs — GoTo Group shares jumped after the Indonesian ride-hailing and food delivery company reported its first-ever net income, a major milestone in its turnaround effort.