Tokopedia-SPAC deal may shorten the road to the bourses for other Indonesian unicorns too

Tokopedia-SPAC deal may shorten the road to the bourses for other Indonesian unicorns too

Photographer: Dimas Ardian/Bloomberg

Since Indonesia’s unicorns started flirting with the idea of an initial public offering (IPO) some three years ago, e-commerce marketplace Tokopedia has, arguably, been the most zealous about executing the listing plan.

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