Indonesia tech giant GoTo talking to Alibaba, SoftBank for US$1 Billion stake sale

Indonesia’s largest tech company GoTo Group is in talks with its major owners for a controlled sale of roughly $1 billion of their stakes, aiming to avoid a potential stock crash when a lock-up on their holdings ends next month.

Indonesia tech giant GoTo talking to Alibaba, SoftBank for US$1 Billion stake sale
Indonesia’s largest tech company GoTo Group is in talks with its major owners for a controlled sale of roughly $1 billion of their stakes, aiming to avoid a potential stock crash when a lock-up on their holdings ends next month.

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