Technology & Telecommunications

Premium

Grab and Sea Group's Losses in 2021: A Closer Look

Reza Pahlevi 02/06/2022 17:20 WIB

Bagikan URL has been copied

Memuat...

GoTo's revenue and losses are still relatively small compared to other large Southeast Asian technology companies such as Grab and Sea Group.

GoTo, Grab, and Sea Group Revenue and Net Profit (2021)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Grab and Sea Group's Losses in 2021: A Closer Look”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

GoTo, Grab, and Sea Group Revenue and Net Profit (2021)

Download

Source

A Small
A Medium
A Bigger

GoTo (Gojek Tokopedia) continues to operate with a substantial net loss. With revenue of Rp4.54 trillion in 2021, GoTo recorded a net loss of Rp22.43 trillion.

However, GoTo's revenue and losses are relatively small compared to other large technology companies in Southeast Asia, such as Grab and Sea Group.

Converted to US dollars, GoTo's revenue is approximately US$318 million, using Bank Indonesia's mid-rate exchange rate of Rp14,269 per US$ as of December 31, 2021.

This figure is significantly lower than Grab's revenue of US$675 million, or Sea Group's revenue of US$9.96 billion during the same period.

With the lowest revenue, GoTo also recorded the smallest net loss, at US$1.5 billion.

This amount is smaller than Sea Group's loss of US$2.04 billion, or Grab's loss of US$3.56 billion.

Of these three companies, Sea Group is the only one with revenue exceeding its net loss.

Meanwhile, GoTo and Grab's losses were greater than their revenue in 2021.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

Krakatau Steel (KRAS) Financials Slightly Improve in Q3 2025

Superbank (SUPA) Posted Positive Performance through November 2025

Age Group of "Female Breadwinners" in Indonesia 2024, The Majority are Elderly

5 Most Challenged Laws in History

Most 'Female Breadwinners' in Indonesia in 2024 Work in Sole Proprietorships

History of Women's Organizations Prior to the First Indonesian Women's Congress of 1928

Latest Data Stories

Light rain expected on Morotai Island today. Demographics 27/12/2025, 10:33 WIB

Net Participation Rate 2013-2024 Trade 27/12/2025, 10:24 WIB

Realization of Sawahlunto City Government's Local Own-Source Revenue (PAD) as of December 2025 Economics & Macro 27/12/2025, 10:10 WIB

Riau Most Polluted in Indonesia This Morning (27/12) Consumer Services & Health 27/12/2025, 9:58 WIB

Warning! This Morning Mount Semeru Erupts Again (Saturday, December 27, 2025) Demographics 27/12/2025, 9:51 WIB

Indonesia's PDRB (Gross Regional Domestic Product) for the Paper and Paper Product Industry; Printing and Reproduction of Recording Media Sector, 2013-2024. Trade 27/12/2025, 9:34 WIB

Download

Source

Grab and Sea Group's Losses in 2021: A Closer Look

Tags

Related Data

Krakatau Steel (KRAS) Financials Slightly Improve in Q3 2025

Superbank (SUPA) Posted Positive Performance through November 2025

Age Group of "Female Breadwinners" in Indonesia 2024, The Majority are Elderly

5 Most Challenged Laws in History

Most 'Female Breadwinners' in Indonesia in 2024 Work in Sole Proprietorships

History of Women's Organizations Prior to the First Indonesian Women's Congress of 1928

Latest Data Stories

Popular Data

Grab and Sea Group's Losses in 2021: A Closer Look

Tags

Related Data

Krakatau Steel (KRAS) Financials Slightly Improve in Q3 2025

Superbank (SUPA) Posted Positive Performance through November 2025

Age Group of "Female Breadwinners" in Indonesia 2024, The Majority are Elderly

5 Most Challenged Laws in History

Most 'Female Breadwinners' in Indonesia in 2024 Work in Sole Proprietorships

History of Women's Organizations Prior to the First Indonesian Women's Congress of 1928

Latest Data Stories

Trending Topics

Popular Data