Indonesia's GoTo raises $1.1B in its IPO, selling shares for $0.024, representing a projected $28B market cap after the offering (Bloomberg)

Bloomberg:
Indonesia's GoTo raises $1.1B in its IPO, selling shares for $0.024, representing a projected $28B market cap after the offering  —  GoTo Group, Indonesia's largest tech company, raised 15.8 trillion rupiah ($1.1 billion) in one of the world's largest initial public offerings this year.

from Techmeme https://ift.tt/y7Hlwp5