The many reasons why GoTo's IPO could brave choppy market conditions

The many reasons why GoTo's IPO could brave choppy market conditions

CEO Andre Soelistyo (Photo courtesy of GoTo)

GoTo’s recent plan to go ahead with a listing on the Indonesia Stock Exchange (IDX) — despite a global sell-off that has pounded tech stocks from IDX-listed Bukalapak to Nasdaq-listed Grab — has raised many questions on the timing of the move.