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The company’s stock finished its first day of trading with a 13% gain at 382 rupiah per share. Formed from the merger of Indonesian unicorns Gojek and Tokopedia, the combined entity managed to raise 15.8 trillion rupiah from 300,000 investors, a record for the highest number of investors for an IPO in Indonesia.
GoTo also reached a market cap of 400.3 trillion Rupiah which makes it the fourth-largest listed company in Indonesia after telecommunication giant Telkom Indonesia.
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Chinese stocks lead losses in Asia after data shows China producer inflation surgingChinese consumer and producer inflation data for March, both released on Monday, came in above expectations. Meanwhile... Half of Tesla's cars are Made in China !!! Furthermore; last year, elonmusk moved Tesla's export hub from California to Shanghai, China !!! 😵💫😵💫😵💫 via businessinsider Meanwhile... .. large banks, and Wealthy Multinational MONOPOLY Groups are buying up all United States homes (at times giving 100’s of thousands above asking)… it was only a matter of time before the oligarchs started raising rent. 🇺🇲🇺🇲🇺🇲 HUDgov AP They are in losing trend as their premier sided with putin and is being somewhat malaised by the ordeal
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