JAKARTA, July 26 (Bloomberg): GoTo, Indonesia’s most valuable startup, is in discussions with investors to raise as much as US$2 billion ahead of stock-market listings at home and in the US, according to people familiar with the matter.
The internet firm, created through the merger of ride-hailing giant Gojek and e-commerce provider PT Tokopedia in May, has begun the process of raising $1 billion to $2 billion at a valuation of between $25 billion and $30 billion, the people said, asking not to be named as the matter is private.
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