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Stock Prices Are Okay, GOTO CEO Says This

sugan 3 tahun lalu
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Shares of PT GoTo Gojek Tokopedia Tbk (GOTO) closed at Rp. 394, an increase of 2.6% at the close of session I, Friday (10/6/2022), much higher than the initial public offering Rp. 338 During the past month, GOTO's share price also shot up 64.71%.

Regarding the share price, GOTO CEO Andre Soelistyo explained that the stock price is determined by market conditions and the decisions of each investor. 

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“Perhaps the share price will be determined by market conditions and the decisions of each investor. But our focus is on achieving sustainable growth to accelerate our steps towards profitability," Andre said in a public expose, Friday (10/6/2022).

He said that his party will continue to provide the best technological solutions for the community by focusing on four areas of synergy. 

GOTO Chart by TradingView

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"We believe that with this synergy, we can increase convenience for customers, drivers , and merchants . Then it will create an effect that encourages the need for an ecosystem, "said Andre.

According to him, the GOTO ecosystem offers the most complete service and is supported by a logistics fleet, fintech services, and integrated payments that are able to bring more users into the GOTO ecosystem. 

"As more consumers enter our ecosystem, merchant will be interested in being on our platform because sales continue to increase and they can also reach a wider market," said Andre.

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"The more traders and consumers there are, the more transactions there will be, so that more driver-partners will receive orders and increase their income," he added. 

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