Page 9 - Andre Soelistyo News Today

Based on GoTo's latest deed, which is available in the DealStreetAsia database, five entities hold multiple voting rights.

JAKARTA (Bloomberg): GoTo Group will push ahead with a stock-market debut in Indonesia valuing the ride-hailing, e-commerce and fintech company at as high as us$28.8 billion, defying the sharp market downturn that battered its two main peers Sea Ltd and Grab Holdings Ltd in recent months.

Indonesia’s GoTo Group announced its plan to carry out an initial public offering (IPO) on the Indonesia Stock Exchange (IDX).

 JAKARTA, March 15, 2022 (BSS/AFP) - Indonesia's largest tech firm said Tuesday it planned to raise up to $1.26 billion through

SINGAPORE/JAKARTA — Indonesia’s biggest tech firm GoTo Group is testing investors’ appetite with a public offering that is set to raise up to 17.992 trillion…

Indonesia’s largest tech firm said on Tuesday it planned to raise up to $1.26 billion (€1.15bn) through an initial public offering (IPO) this month,

Indonesia’s tech firm GoTo Group, which was formed last year via a merger between ride-hailing giant Gojek and marketplace Tokopedia, plans to raise at least $1.1 billion (15.2 trillion rupiah) from an Indonesia initial public offering (IPO) scheduled for 4 April. GoTo says it aims to sell up to 52 billion new Series A shares […]

Indonesia's largest tech firm said on Tuesday it planned to raise up to $1.26 billion through an initial public offering this month, despite tumultuous world market conditions.

Indonesia’s largest tech firm yesterday said that it plans to raise up to US$1.26 billion through an initial public offering (IPO) this month, despite tumultuous world market conditions. The GoTo Group set a price range of 316 to 346 rupiah per share for the local IPO, and aims to sell up to 52 billion new Series A shares through the listing, or about 4.35 percent of total shares. This price range implies an estimated market capitalization of US$26.2 billion to US$28.8 billion, the group said ...

The Abu Dhabi Investment Authority (ADIA) will invest $400 million to lead a pre-IPO fundraising exercise by Indonesia's biggest tech group, GoTo, the firms said in a joint statement on Wednesday.