GoTo's gross revenue declined on a sequential basis, says DBS Bank

Indonesian tech giant's earnings were focused on cost-cutting according to Sachin Mittal of the Singapore bank.

GoTo's gross revenue declined on a sequential basis, says DBS Bank

Sachin Mittal, a Singaporean banker, discusses the earnings of Indonesian tech giant and states that "cost-cutting clearly was the focus." He continues to say that "the company's revenue growth was in line our expectations, but the real story on the expense-side was the focus."