JAKARTA (Reuters) -GoTo surged as much as 23% in its stock market debut on Monday after Indonesia's largest tech company raised $1.1 billion in a keenly watched IPO, fuelling expectations of more offerings from the sector in Southeast Asia's largest economy.
JAKARTA: GoTo soared as much as 23% in its stock market debut after Indonesia’s largest tech company raised US$1.1bil (RM4.64bil) in a widely anticipated initial public offering (IPO), fuelling expectations of more tech offerings in a fast-growing sector.
GoTo soared as much as 23% in its market debut on Monday after Indonesia's largest tech company raised $1.1 billion in a keenly watched IPO, fuelling expectations of more offerings to come from the sector in South-East Asia's largest economy.