GoTo’s recent plan to go ahead with a listing on the Indonesia Stock Exchange (IDX) — despite a global sell-off that has pounded tech stocks from IDX-listed Bukalapak to Nasdaq-listed Grab — has raised many questions on the timing of the move.
Yet, many experts that DealStreetAsia spoke to think GoTo may escape the fate of its tech peers thanks to, among other things, its realistic IPO pricing, a promising business trajectory, and contingency measures such as the greenshoe option.
