GoTo's pre-IPO investors opt out of secondary offering, shares drop 6.62%

GoTo's pre-IPO investors opt out of secondary offering, shares drop 6.62%

Shares of Indonesia-listed technology group PT GoTo Gojek Tokopedia Tbk declined nearly 7% in early trade on Thursday after the company decided not to pursue the plan for a coordinated secondary offering of shares after a lock-up period ends on Nov 30.

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