GoTo Gojek Tokopedia (GOTO IJ): Feels the heat

GoTo Gojek Tokopedia (GOTO IJ)
BUY / TP: IDR:100 (+66.7%)
Analyst: Laras Nadira

Feels the heat
• Ample monetization and tight cost controls
• Promising prospects in FinTech business
• Able to stay competitive
• Initiate coverage with a BUY - TP of IDR100 (US$0.01)