- GOTO will cease its operations in Vietnam
GoTo Gojek Tokopedia (GOTO) has decided to close Gojek’s business activities in Vietnam starting from 14 Sep 24 to focus more on developing and strengthening operational activities that can provide significant sustainable growth potential. Gojek’s business in Vietnam only accounted for less than 0.5% of GOTO’s GTV and 2% of on-demand services GTV in 2Q24. Thus, the closure will not affect GOTO’s performance significantly. The company plans to continue investing in initiatives that can generate growth while remaining committed to its breakeven adjusted EBITDA target for FY24. (Bisnis Indonesia) - TLKM collaborates with ISAT to build the NeuTrafiX platform
Telkom Indonesia (TLKM) collaborates with Indosat (ISAT) to strengthen the digital connectivity landscape through the NeuTrafiX platform. This collaboration is established through the subsidiaries of each issuer. TLKM through Telekomunikasi Indonesia Internasional and ISAT through Indosat Business. NeuTrafiX is a platform designed to facilitate interconnection between global operators, aimed to improve service quality, reduce operational complexity, and provide more efficient solutions to customers. With this strategic collaboration, it is hoped that both companies can reach a wider market, increase business revenue, and have a better service portfolio and stronger company branding. (Kontan)