November 11 - 12:11
GoTo raises $1.3bn ahead of IPO
Indonesia's biggest tech company has raised $1.3bn. GoTo, which was formed when GoJek merged with Tokopedia in May this year, has completed the round ahead of an expected IPO. Google, Tencent and Temasek backed the group, while there were also new investors in the shape of Primavera Capital, Permodalan Nasional Bhd and Fidelity International. GoTo is expected to list in Indonesia and the U.S..
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