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Short-Lived GoTo Share Price Surge

Monday, November 10, 2025

GoTo’s share price climbed after the company claimed a profit in the third quarter of 2025. The market euphoria lasted only a day.

arsip tempo : 177077986024.

A screen displaying the movement of the Composite Stock Price Index (IHSG), including GoTo, at the Indonesia Stock Exchange, Jakarta, April 8, 2025. Doc. Tempo/M Taufan Rengganis. tempo : 177077986024.

THE share price of  Gojek Tokopedia (GOTO), surged suddenly a day after the tech company released its third-quarter 2025 financial report. The stock, which had been stagnant at Rp56 (around US$$0.0033) per share on Wednesday, October 29, 2025, rose to Rp60 (US$0.0035) the next day.

News that the company had, for the first time, recorded an adjusted pre-tax profit of Rp62 billion (US$3.7 million) sparked euphoria on the trading floor. Before

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Caesar Akbar

Ghoida Rahmah contributed to the writing of this article.

 

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