SINGAPORE/JAKARTA GoTo is banking for a steady market debut after raising $1.1 billion (S$1.5 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. Formed by the May merger of ride-hailing-to-payments company Gojek and e-commerce giant Tokopedia, PT GoTo Gojek Tokopedia.
By Fanny Potkin, Anshuman Daga and Stefanno Sulaiman SINGAPORE/JAKARTA (Reuters) -GoTo is banking for a steady market debut after raising $1.1 billion in
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.