Indonesia's GoTo to raise $1.1b after pricing IPO in top half of range

Indonesia's GoTo to raise $1.1b after pricing IPO in top half of range

Photo: GoTo website

Indonesia’s GoTo Group, the tech giant formed by the merger of Gojek and Tokopedia last year, on Thursday said it has received regulatory approval for its local initial public offering (IPO) and will raise 15.8 trillion rupiah ($1.1 billion) after pricing the offering in the top half of an indicative range.