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GoTo is banking for a steady market debut after raising $1.1 billion in a relatively cautious IPO, while a booming local share market is cementing expectations that Indonesia's largest tech firm can buck a global downtrend in tech stocks.
By Fanny Potkin, Anshuman Daga and Stefanno Sulaiman SINGAPORE/JAKARTA (Reuters) - GoTo is banking for a steady market debut after raising $1.1 billio...
GoTo is the most differentiated technology company in Southeast Asia
(Bloomberg Opinion) -- The much-awaited debut of GoTo, the combination of ride-hailing app Gojek and e-commerce firm PT Tokopedia, offers investors a stark choice.
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.