Gross transaction value (GTV) grew 46% y-o-y to INR140 trillion from the INR96 trillion reported in the previous corresponding quarter.
Indonesia’s new economy giant GoTo has posted 53% growth in gross revenue for 1QFY2022 ended March 31 at INR5.2 trillion ($500 million) from the INR3.4 trillion recorded in 1QFY2021.
In its first quarterly report since its debut on the Indonesia Stock Exchange last month, the company said its take rate has increased from 3.5% to 3.7% due to better monetisation in e-commerce and on-demand segments.
