Heaptalk, Jakarta — GoTo Group, Indonesia’s largest digital ecosystem, has officially announced that Patrick Sugito Walujo will continue as the company’s Chief Executive Officer (CEO) until 2029.
As CEO, Patrick Walujo will remain committed to steering GoTo towards sustainable long-term growth. To support this goal, the company’s Board of Commissioners has approved a performance-based retention package as part of his continued tenure.
Patrick Walujo delivered, “Leading GoTo over the past 18 months has been an incredible honor, and I am proud to commit to the company’s long-term future. During my time here, I have become increasingly confident in our team’s exceptional potential, vision, and dedication to driving digital transformation in Indonesia,”
This decision aligns with the company’s significant growth under Patrick’s leadership over the past year. In Q3 2024, GoTo’s core Gross Transaction Value (GTV) surged 74% year-on-year to Rp72.0 trillion, while gross revenue increased by 34% year-on-year to Rp4.7 trillion. This strong performance was primarily driven by a 21% year-on-year rise in Monthly Transacting Users (MTU) across the GoTo ecosystem.
As a company he observed that the company is capable of shaping Indonesia’s technological future, empowering businesses, enhancing daily life, and contributing significantly to the nation’s economy. As the country enters the new year, GoTo will continue to push for profitable growth to solidify the company’s position as Indonesia’s leading technology company for years to come.
“Under Patrick’s leadership, the company’s outlook has transformed, paving the way for long-term benefits for shareholders and other stakeholders. GoTo achieved positive adjusted EBITDA in Q4 2023 and is on track to maintain positive performance throughout 2024. At the same time, growth and profitability continue to trend upward. I am pleased and proud that Patrick has committed to GoTo’s long-term future, and I look forward to collaborating with him to benefit GoTo’s stakeholders in the years ahead.” President Commissioner of GoTo, Agus Martowadojo, said.
