After Bukalapak’s initial public offering (IPO) in Indonesia last August, and superapp Grab’s Nasdaq listing in early December, the next big milestone for Southeast Asia’s big tech would be the market debut of GoTo. And its unique offering of services across online consumer touch points bodes well for its prospects.
GoTo — formed from the merger of ride-hailing giant Gojek and e-commerce marketplace Tokopedia in May last year — is looking to raise about $1 billion from its IPO on the Indonesia Stock Exchange (IDX), according to a recent Bloomberg report.
