GoTo’s targeting a $40b IPO valuation — is it the price of future growth?

GoTo’s targeting a $40b IPO valuation — is it the price of future growth?

Indonesian tech giant GoTo — formed from the merger of unicorns Gojek and Tokopedia last week — is said to be seeking a valuation of up to $40 billion for its IPO, planned for end-2021.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter