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Why Asian e-commerce giant GoTo is cutting costs despite top-line growth

Inside Retail

For GoTo, the company formed in May 2021 by a merger between Tokopedia and Gojek, 2022 is shaping up to be the year that it has made serious strides toward profitability. Part of the spending was aimed at poaching the best talent from other companies. The retrenchments meant GoTo joined Singapore-based Sea Ltd.,

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