WATCH: GoTo is eyeing a $29 bln valuation in an Indonesian listing. Jakarta has been a haven amid market storms. But at 29 times trailing revenue, GoTo may give investors a bumpy ride, says JennHughes13
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Indonesian Tech Giant GoTo Eyes $1.25 Billion IPO At $29 Billion ValuationGoTo Group is moving ahead with its much-anticipated initial public offering that could see it raise roughly 18 trillion rupiah ($1.25 billion), according to a prospectus filing released on Tuesday.
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GoTo IPO will road-test range of tech routThe SoftBank-backed superapp is eyeing a $29 bln valuation in a Jakarta listing. Given rival Grab’s disastrous New York debut and Sea’s share price plunge, the timing may bruise its new backers. But waiting much longer risks eroding GoTo’s strong market position.
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GoTo IPO will road-test range of tech routThe SoftBank-backed superapp is eyeing a $29 bln valuation in a Jakarta listing. Given rival Grab’s disastrous New York debut and Sea’s share price plunge, the timing may bruise its new backers. But waiting much longer risks eroding GoTo’s strong market position.
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Indonesian Tech Giant GoTo Eyes $1.25 Billion IPO At $29 Billion ValuationGoTo Group is moving ahead with its much-anticipated initial public offering that could see it raise roughly 18 trillion rupiah ($1.25 billion), according to a prospectus filing released on Tuesday.
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BVTV: Renault’s Russian funk | Reuters VideoThe French carmaker has closed its plants in Russia and now has two bad options, explains Pierre Briançon. Either leave and take a big loss, possibly by expropriation. Or stay and endure years of uncertainty in partnership with a key actor of the Russian military industry.
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Journey To FCS Helped Westin Elliott Develop As A QB | The Draft NetworkA journey to the FCS ranks helped Westin Elliott develop as a QB. Now, he's looking for his NFL opportunity. Crissy_Froyd on what Elliott learned at Merrimack, how he's grown through adversity, how he's training now & more. FrontOffice33 | NFLDraft
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