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Indonesia's GoTo Nabs $150 Million Investment Led by IFC

(Bloomberg) -- GoTo Group raised $150 million through a convertible bond sale to investors led by the World Bank’s International Finance Corp., a bump to its cash reserves as the Indonesian ride-hailing and e-commerce company works toward reaching profitability.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI...
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Source: yahoo.com

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