GoTo Reports Stable Performance One Month After 8% Commission Implementation
Jakarta (ANTARA) - Technology company PT GoTo Gojek Tokopedia Tbk (GOTO), which oversees GoPay and Gojek, has demonstrated the strength of its ecosystem through satisfactory financial performance in the second quarter of 2026.
One month after the 8 per cent commission scheme was introduced, GoTo showed its business remains stable, recording a net profit of Rp252 billion in the second quarter of 2026.
“On 1 July 2026, the new commission structure came into effect in accordance with Minister of Transport Decree Number 532 of 2026. This structure applies to Gojek’s two-wheeler transport business, which contributes around 7 per cent of the Group’s net revenue,” said GoTo Chief Executive Officer Hans Patuwo in a press statement on Wednesday.
GoTo also recorded an 83 per cent year-on-year increase in core Gross Transaction Value (GTV), reaching Rp164 trillion.
Meanwhile, GoTo’s net revenue for the quarter rose 31 per cent year-on-year to Rp5.7 trillion.
In the month following the introduction of the 8 per cent commission policy, GoTo disclosed that it had to make several adjustments. Nevertheless, Hans assured that the company’s business conditions remain stable.
As part of these adjustments, the implementation of the 8 per cent commission led GoTo to lower its full-year performance guidance for On-Demand services to Rp1.4-1.5 trillion, from the previous Rp1.7-1.8 trillion.
Despite this, the company maintained its full-year adjusted Group EBITDA guidance in the range of Rp3.2-3.4 trillion.
This was supported by the strong performance of the Fintech arm, GoPay, whose full-year performance guidance was raised to Rp1.7-1.8 trillion, from the previous Rp1.4-1.5 trillion.
Hans assured that the company’s achievements will be reinvested into the GoTo ecosystem to support driver partners through various Partner Appreciation Programmes, as partner welfare remains GoTo’s top priority.
“As the ecosystem grows, we continue to invest in supporting our customers, including Gojek Driver Partners, among others through the expansion of the Partner Appreciation Programme, ranging from BPJS Health and Employment coverage, scholarships to free Umrah pilgrimages. For us, success is measured not only by business growth, but also by the progress of all parties within the GoTo ecosystem,” Hans concluded.