GOTO – THR support coordination

GOTO – THR support coordination The Chief of Public Policy & Government Relations at GoTo Gojek Tokopedia (GOTO), Ade Mulya, stated that the company is coordinating with the Ministry of Manpower on holiday allowances (THR) for online motorcycle taxi drivers, reaffirming its commitment to support within its capacity. (Source : Kontan) Comment : GOTO’s coordination on THR for online drivers reflects regulatory compliance and social responsibility, benefiting its image. However, with profitability still a challenge, added costs from THR could pressure margins, posing downside risk to the stock. We await further clarity on funding.