Indonesia's tech firm adds 29.5 bln USD, 2 mln jobs to economy


By Fifi

JAKARTA, Aug. 12 (Xinhua) -- Indonesia's largest digital firm, PT GoTo Gojek Tokopedia (GoTo), generated 480.72 trillion rupiahs (29.5 billion U.S. dollars) in economic value in 2024 and created over 2.03 million jobs, a report showed Tuesday.

The study by the Jakarta-based Prasasti Center for Policy Studies found GoTo's direct economic contribution reached 355.33 trillion rupiahs (21.8 billion dollars), with indirect impacts of 125.39 trillion rupiahs (7.7 billion dollars). The company's activities also helped cut the national poverty rate by 0.45 percentage points.

"GoTo has delivered real social impact by creating jobs, increasing incomes, and expanding financial inclusion for MSMEs and informal workers," said research director Gundy Cahyadi. He called for stronger government policies and incentives to bolster local digital industries as part of an equitable and sustainable growth strategy.

GoTo, the country's largest internet technology firm, offers services in mobility, delivery, payments, financial services, and merchant technology solutions.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Death toll from Spanish fatal train crash rises to 45
Austrian ex-intelligence accused of spying for Russia goes on trial
Chinese embassy donates dignity kits to support women in South Sudan
US envoy calls for Syria truce to be upheld
Germany expels Russian diplomat over espionage accusations
Freezers full of seal meat: How Greenland's hunting culture helps emergency preparedness
Mozambique counts 13 dead in floods so far but toll expected to rise
Elizabeth Hurley tells UK court she endured 'brutal invasion of privacy'
Factbox-The Kurdish struggle for rights and land
Colombia halts electricity sales to Ecuador and imposes tariffs in trade, drug trafficking spat

Others Also Read