What is GOTO Strategy After Streamlining Offices in India?

By Editorial Team 06/06/2023
Aplikasi Gojek
Summary

PT GoTo Gojek Tokopedia Tbk (GOTO) announced the closure of its consumer lending team office in Pune, India, effective from Jun 5. The office operations have been relocated to Bangalore, India, and Jakarta, Indonesia.

Head of Corporate Affairs at GoTo Financial Audrey Petriny said that the office closure was part of a strategic effort to bolster business growth and optimize the information technology workforce for the GoTo Financial division.

The restructuring of the Consumer Lending Unit within GoTo Financial is a pivotal step in driving the overall business growth of the GoTo Group.

"In order to sustain our current growth momentum, we are realigning our organizational structure to enhance efficiency and facilitate scalable expansion," Audrey said on Monday.

GoTo Financial stands as the most thriving business segment within GoTo, with transactions amounting to Rp 91.5 trillion in the first quarter, marking an 18 percent year-on-year increase. The consumer lending business of GoTo Financial saw a significant rise of 40 percent from Rp 831 billion in the previous quarter.

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