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GoTo Tearsheet – Accounts for 2% of Indonesia’s Economy

By February 26, 2022 No Comments
  • GoTo, is an Indonesian holding company, was formed in May 2021 as a result of a merger between Gojek, leading player in ride hailing, and Tokopedia, leading e-commerce player.
  • GoTo raised more than US$1.3bn in its pre-IPO funding which was reported in November 2021, see here.  Valuation was said to be between  US$28.5-30.0bn.
  • The company had already announced that it would look to undertake a dual listing in Indonesia and the US.

Aequitas Research • Head of Research, IPOs & Placements • (Opens in a new window) ⧉

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