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

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 Severe Crash Is Comi

Source: yahoo.com
GoTo Gets $150 Million Funding, Partners With World Bank's IFC - Vimarsana News

GoTo Gets $150 Million Funding, Partners With World Bank's IFC

By Fabiana Negrin Ochoa Indonesian tech giant GoTo Gojek Tokopedia is partnering with the World Bank's International Finance Corp. to boost financial...