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GOTO - Gojek Tokopedia

GOTO - Doubling loan disbursements target for 2025

22 January 2025

GOTO - Doubling loan disbursements target for 2025 GoTo Gojek Tokopedia (GOTO) Financial's Head of Corporate Affairs, Audrey P. Petriny, told Bisnis the company aims to double consumer loan disbursements to IDR8.6 tn in 2025, up from IDR4.3 tn in 9M24. (Source : Bisnis Indonesia) Comment : The lending business drives profitability, with consumer loans tripling yoy in 9M24 and stable NPLs. Diversified origins across e-commerce, On-Demand Services, and GoPay highlight the ecosystem's cross-selling strength. This positions the Financial Technology segment as a key growth driver, expected to achieve positive adjusted EBITDA ahead of guidance.

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