GoTo Share price
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GoTos listing bucks a global trend of companies scrapping or.
. GOTO SHARE PRICE GoTo sizzles on debut sets tone for booming Indonesia tech sector GoTo soared as much as 23 in its stock market debut on Monday after Indonesias largest tech company raised 11 billion in a widely anticipated IPO 11 Apr 2022 1011 AM IST GoTo seeks to buck tech sector slump with 11 billion Indonesia IPO. PT GoTo Gojek Tokopedia Tbk engages in the design and development of mobile software. GoTo Group Indonesias biggest tech company surged on its first day of trading after raising US11 billion in one of the worlds largest initial public offerings this year.
GoTo formed last year by the merger of ride-hailing-to-payments firm Gojek and e-commerce leader Tokopedia surprised some investors and analysts when it launched its IPO process earlier this month braving turbulence in global equity markets. Ad Trade CME Micro E-mini Futures with Low Commissions. GoTos more limited aspirations may have set it apart from other tech debuts that flopped.
Want to know what others say about GOTO GOJEK TOKOPEDIA TBK. GoTo shares climbed to as much as 416 rupiah 00290 versus their offer price of 338 rupiah per share which was the high end of an indicative range for. GoTos shares rose as high as 416 rupiah minutes after the start of trade compared with the 338 rupiah IPO price.
Its FREE to post and participate in GOTO GOJEK TOKOPEDIA TBKs discussion. GoTo Groups pro forma GTV grew at 46 CAGR between 2018 and 2020 and at 62 YoY between Q3 2020 and Q3 2021. Pro forma gross revenue grew at 56 CAGR between FY2018 and FY2020 and 55 YoY between Q3 2020 and Q3 2021.
The start of trading comes as Bukalapak has seen its share price slump since it listed last August when it was the first to go public of Indonesias unicornsprivate companies valued at more than USD 1 billion. The share price increase is a welcome reprieve for two of GoTos biggest investors SoftBank and Alibaba who have been hit hard by the tech market rout and a regulatory crackdown in China. Bloomberg -- GoTo Group Indonesias biggest tech company surged on its first day of trading after raising 11 billion in one of the worlds.
The company was founded by Kevin Aluwi Brian Cu William Tanuwijaya Andre A. 31 Mar 2022 0844 AM IST. It offers an application that provides services in the areas of transport courier hyperlocal shopping payments and daily needs.
Ad Trade CME Micro E-mini Futures with Low Commissions. GoTo Group Indonesias biggest tech company surged on its first day of trading after raising 11 billion in one of the worlds largest. GoTo to raise 11 billion after finalising IPO at top end of price range.
GoTos stock rose almost 23 to 416 rupiah US0029 apiece from its initial public offering price of 338 rupiah US0024 only minutes. The e-commerce platforms stock traded about 59 below its IPO price as of the market close Friday on the Indonesia Stock Exchange. Its products include GoRide GoCar GoSend GoBox GoFood and GoPay.
Read more GoTos float follows a year in which other hot Asian tech IPOs. GoTo Gojek Tokopedia IDXGOTO Stock Report Last Price Rp33800 Market Cap Rp3968t 7D na 1Y na Updated 10 Apr 2022 Data Company Financials Overview 1 Valuation 2 Future 3 Past 4 Health 5 Dividend 6 Management 7 Ownership Information GOTO Stock Overview. PT GOTO GOJEK TOKOPEDIA TBK.
Shares in the 28 billion e-commerce ride-hailing and financial technology firm then jumped more than 20 in opening trade. Connect with Facebook connect with Google connect with WeChat SIGN UP FOR FREE NOW. Indonesias GoTo shares jump 18 in start of stock market trading Superapp follows regional rivals in listing even as investor appetite has.
Sold only to investors. Industry and sector chart comparison share PT GOTO GOJEK TOKOPEDIA TBK GOTO ID1000166903 INDONESIA STOCK EXCHANGE. The shares jumped as much as 23 and were up 15 to 388 rupiah at midday break in Jakarta valuing the company at about US32 billion.
At Yahoo Finance you get free stock quotes up-to-date news portfolio management resources international market data social interaction and mortgage rates. Bloomberg Value based on opening share price of IDR 338 per share. NowVertical Group Inc Stock Price Quote - Bloomberg Stock analysis for NowVertical Group Inc GOTOP including stock price stock chart company news key statistics fundamentals and.
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