Daily BriefsECM

Equity Capital Markets: GoTo and more

In today’s briefing:

  • GoTo Pre-IPO – Quick Take on US$1bn+ Domestic Listing

GoTo Pre-IPO – Quick Take on US$1bn+ Domestic Listing

By Sumeet Singh

  • GoTo aims to raise around US$1.25bn from a local listing, which will mainly be targeted at domestic investors. The company has filed its prospectus today.
  • GoTo, is an Indonesian holding company, was formed in May 2021 as a result of a merger between Gojek, leading player in ride hailing, and Tokopedia, leading e-commerce player.
  • In this note, we will take a quick look at the company’s financial performance.

Before it’s here, it’s on Smartkarma