PT GoTo Gojek Tokopedia Tbk (GOTO) has issued an official clarification following rumors regarding organizational adjustment plans within the management of PT Tokopedia. GoTo management emphasized that the strategic steps taken by Tokopedia will not have a material impact on the overall financial or operational stability of the company.
GoTo Corporate Secretary, R.A. Koesoemohadiani, stated that the company fully respects any internal policy implemented by Tokopedia's management. Given that GoTo currently holds a 24.99 percent stake, operational decisions remain fully under the authority of Tokopedia's management.
Furthermore, Koesoemohadiani explained that since January 2024, Tokopedia's financial position is no longer consolidated into GoTo's financial statements. The investment is now accounted for using the equity method, meaning any potential fluctuations in Tokopedia's performance have only a limited impact on the share of net profit or loss of associated entities.
Based on internal company estimates, the organizational adjustment issue does not exert a significant influence, either in terms of e-commerce service fee revenue or other non-financial aspects. Therefore, GoTo does not plan to take special measures in response to the dynamics occurring within Tokopedia.
In addition to providing assurances of stability, GoTo also dismissed speculation regarding changes in shareholding composition. The company confirmed that to date there is no agenda to alter its shareholding in Tokopedia, while reaffirming its commitment to continuously meet information disclosure standards for investors on the Indonesia Stock Exchange.
