Adia-backed GoTo shares surge after it raises $1.1bn in Asia's third largest IPO this year
guruprakash.substack.com
Shares of Indonesia's biggest technology company GoTo, which is backed by Abu Dhabi Investment Authority, surged 23 per cent on the first day of trading after the company raised $1.1 billion in an initial public offering on the Indonesia Stock Exchange on Monday, making it the third-largest listing in Asia and the fifth largest in the world so far this year.
Adia-backed GoTo shares surge after it raises $1.1bn in Asia's third largest IPO this year
Adia-backed GoTo shares surge after it raises…
Adia-backed GoTo shares surge after it raises $1.1bn in Asia's third largest IPO this year
Shares of Indonesia's biggest technology company GoTo, which is backed by Abu Dhabi Investment Authority, surged 23 per cent on the first day of trading after the company raised $1.1 billion in an initial public offering on the Indonesia Stock Exchange on Monday, making it the third-largest listing in Asia and the fifth largest in the world so far this year.