{
    "success": true,
    "data": {
        "id": 1840258,
        "msgid": "goto-respects-tokopedias-organisational-adjustment-ensures-limited-impact-1783144369",
        "date": "2026-07-04 12:10:25",
        "title": "GoTo Respects Tokopedia's Organisational Adjustment, Ensures Limited Impact",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Business",
        "summary": "GoTo has stated it respects any organisational changes made by Tokopedia's management and has assured stakeholders that the financial and non-financial impact on GoTo will be limited. This is due to GoTo's diluted ownership of 24.99% in Tokopedia since January 2024, meaning it no longer consolidates the e-commerce firm's financials. The company confirmed it has no immediate plans regarding its remaining stake in Tokopedia.",
        "content": "<p>Jakarta (ANTARA) - PT GoTo Gojek Tokopedia Tbk (GOTO) respects any\nsteps taken or to be taken by the management of PT Tokopedia regarding\nits organisational adjustment plans. Corporate Secretary of GoTo, R A\nKoesoemohadiani, confirmed that the financial and non-financial impact\nof these measures on GoTo will be limited. \u201cConsidering that in January\n2024, the company\u2019s ownership was diluted to 24.99 percent, the company\nno longer consolidates PT Tokopedia,\u201d said R A Koesoemohadiani in an\ninformation disclosure to the Indonesia Stock Exchange (BEI) in Jakarta\non Saturday. She explained that GoTo currently records its investment in\nPT Tokopedia using the equity method in accordance with Statement of\nFinancial Accounting Standards (PSAK) 228 concerning investments in\nassociates and joint ventures. Therefore, she continued, any possible\nfinancial impact on GoTo will only be limited to the share of net\nprofit\/loss from associates and joint ventures. \u201cHowever, in connection\nwith the matters described above, particularly regarding the news about\nthe organisational adjustment plan by PT Tokopedia, based on the\ncompany\u2019s estimation, there is no material impact on the company\u2019s share\nof PT Tokopedia\u2019s net profit\/loss,\u201d said R A Koesoemohadiani. She also\nconfirmed that there will be no impact on the e-commerce service fees\nreceived by the company from PT Tokopedia. \u201cRegarding non-financial\naspects, the company also does not anticipate any material impact in\nconnection with the circulating news,\u201d she said. Given the limited\nimpact on GoTo, she stated the company does not plan to take any special\nmeasures. \u201cAs of the date of this letter, GoTo has no immediate plans\nregarding its ownership in PT Tokopedia,\u201d she said. Reports have\ncirculated on social media that TikTok, through its Indonesian business\nentity PT Tokopedia, is carrying out layoffs affecting up to 90 percent\nof its employees. However, as of the time this report was published,\nthere has been no official statement from the relevant parties\nconfirming the validity of the circulating news. Tokopedia is currently\ncontrolled by TikTok Pte Ltd after GoTo divested its majority stake in\nearly 2024.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/goto-respects-tokopedias-organisational-adjustment-ensures-limited-impact-1783144369",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}