Stat of the day: $11.2 billion - The amount Indonesia tech giant GoTo lowered its target valuation between its pre-IPO round in October 2021 and March 2022.
After anticipation and delays, GoTo, the blockbuster result of merging ride-hailing giant Gojek and e-commerce platform Tokopedia, is scheduled to make its leap onto the Indonesian Stock Exchange on April 7. Billions of dollars, not to mention national pride, hinge on GoTo’s success.
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