GoTo raises US$1.1bil in IPO


Soelistyo: We are proud to fly the flag for Indonesian technology as we prime our business for growth in one of the world’s most promising regions. — AFP

JAKARTA: GoTo Group, Indonesia’s largest tech company, raised 15.8 trillion rupiah (US$1.1bil or RM4.62bil) in one of the world’s largest initial public offerings (IPO) this year.

The ride-hailing, e-commerce and fintech company priced its offering of 46.7 billion shares, the Jakarta-based company said in a statement yesterday.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Goto , IPO , listing , Indonesia

Next In Business News

Ringgit eases vs greenback on profit-taking after recent gains
ACE Market-bound HSS signs underwriting deal with M&A Securities for IPO
Sunway appoints Wahid Omar as independent non-executive director
Dialog begins expansion works on Phase 3 of Pengerang Deepwater Terminals
Tropicana redeems Sukuk Tranche 5 RM133.2mil
Wall Street futures hold steady with earnings in focus
Tuju Setia unit bags RM359.28mil construction job from Sime Darby Property
Profit-taking drags Bursa Malaysia to end lower
Zetrix AI, CAICT launch blockchain trust layer for AI agents
Express Powerr subsidiary inks collaboration on power generation project in Lombok

Others Also Read