GoTo launches Indonesian LLM: what it means for GoTo stock

Published on 10/25/2026 at 02:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GoTo stock follows second-quarter net income of IDR 252 billion, its second consecutive profit. Adjusted EBITDA topped IDR 1 trillion.

GoTo expands its digital platform

GoTo launched a 27 billion-parameter open-source LLM for Indonesia on October 19, 2026.
Second-quarter net income reached IDR 252 billion after revenue grew 31.00 percent year over year.
GoTo's market capitalization was IDR 26.7 trillion as of October 23, 2026.

GoTo, ID1000166903, Illustration mit AI erstellt.

GoTo launched a 27 billion-parameter open-source large language model for Indonesia on October 19, 2026, giving the digital platform a fresh technology catalyst. The announcement came after second-quarter net income reached IDR 252 billion and adjusted EBITDA exceeded IDR 1 trillion, according to GoTo.

What does the launch mean?

The LLM is designed specifically for Indonesia and adds an artificial-intelligence layer to GoTo's existing ecosystem. The company operates mobility, delivery, payments, financial services and merchant technology, while Tokopedia provides its e-commerce offering, according to GoTo.

The operating backdrop is improving. In the second quarter of 2026, net revenue rose 31.00 percent year over year to IDR 5.7 trillion, while annual transacting users increased 19.00 percent to 71 million. Adjusted EBITDA more than doubled year over year and exceeded IDR 1 trillion for the first time in a quarter, as Bloomberg Technoz reported on October 1, 2026.

Three company milestones

On September 28, 2026, Indonesia's exchange lowered the minimum share price from IDR 50.00 to IDR 1.00, a change linked to subsequent trading volatility in GoTo stock, according to FinancialFilings. On October 14, 2026, shareholders approved the cancellation of 32 billion treasury shares, equal to 2.70 percent of outstanding shares, and accepted Catherine Hindra Sutjahyo's resignation, according to GoTo. On October 19, 2026, the company launched its 27 billion-parameter open-source LLM, according to GoTo.

Which date comes next?

GoTo's next earnings date is October 28, 2026, according to Finzer.

Stock value and operating scale

GoTo's last available IDX price was IDR 25.00 on October 23, 2026 at 4:14 p.m. WIB. Its market capitalization was IDR 26.7 trillion on that date, putting the operating improvement and the share-cancellation plan into a market-value context.