GoTo share price soars on first day of trading

The Indonesian unicorn forged ahead with its listing despite a weak stock markets, inflationary uncertainty and the war in Ukraine.
Gojek driver
Gojek driver

After successfully raising $1.1 billion on the Indonesian Stock Exchange (IDX) last week, shares of Indonesian super-app, GoTo, soared by 23% on the company’s first day of trading on Monday (April 11).

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