Indonesian startup GoTo to raise up to $1.1B in IPO

Indonesia’s tech firm GoTo Group, which was formed last year via a merger between ride-hailing giant Gojek and marketplace Tokopedia, plans to raise at least $1.1 billion (15.2 trillion rupiah) from an Indonesia initial public offering (IPO) scheduled for 4 April. GoTo says it aims to sell up to 52 billion new Series A shares […]...