The multicorporate-backed diversified mobile app operator has listed on IDX having priced its shares at near the top of their range.

GoTo Group, the Indonesia-based, corporate-backed joint venture between ride hailing platform operator Gojek and e-commerce group Tokopedia, has floated in a $1.1bn initial public offering. The company priced its shares at Rp 338 ($0.024) each according to Bloomberg, which cited sources privy to the development, above the middle of the Rp 316 to Rp 346…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.