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GoJek Tokopedia (GOTO IJ): Eyes steady income from TikTok deal

GoJek Tokopedia (GOTO IJ)
BUY / TP: IDR:100 (+12.4%)
Analyst: Laras Nadira

Eyes steady income from TikTok deal
• Stable revenue stream going forward
• EBITDA looking positive
• Defending deal structure
• Maintain BUY with unchanged TP, EV revised
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