GoTo gets $1.3b in first tranche of pre-IPO funding
Indonesia-based ride-hailing service turned super app GoTo has raised more than $1.3 billion in a first tranche of pre-IPO funding, which will be used to develop its digital ecosystem.
Abu Dhabi Investment Authority (ADIA) said last month that it would commit $400 million as the lead investor in the round. Additional commitments have come from Avanda Investment Management, Fidelity International,...
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