Deep Dive: How GoTo’s IPO went down

GoTo Group, the new entity formed through the Gojek-Tokopedia merger last year, listed on the Indonesian Stock Exchange this month. <p>While the company’s shares quickly soared past its initial offering price, it also fell just as quickly in a manner reminiscent of the recent public listings of other Southeast Asian firms such as Bukalapak and Grab.</p> <p>Is this just how Southeast Asian tech stocks perform on the public markets? On this episode of <em>Deep Dive</em>, <em>Tech in Asia</em> journalists Ardi Wirdana and Aditya Hadi Pratama discuss GoTo’s IPO and what its performance might mean for the wider tech and startup scene in Southeast Asia.</p> <h3>Featured reporters:</h3> <ul> <li><a href="https://www.techinasia.com/profile/ardi-wirdana">Ardi Wirdana</a>, a <em>Tech in Asia</em> journalist based in Jakarta</li> <li><a href= "https://www.techinasia.com/profile/aditya-hadi-pratama">Aditya Hadi Pratama</a>, a <em>Tech in Asia</em> journalist based in Jakarta</li> </ul> <h3>Essential reading:</h3> <ul> <li><a href= "https://www.techinasia.com/goto-financial-health-chart?utm_source=article&utm_medium=website&utm_campaign=growth-podcast-gotoipo"> GoTo Group’s financial health in 4 charts</a></li> <li><a href= "https://www.techinasia.com/goto-ipo-numbers-split-opinions?utm_source=article&utm_medium=website&utm_campaign=growth-podcast-gotoipo"> GoTo’s IPO numbers split opinions, but investors may warm to share price</a></li> <li><a href= "https://www.techinasia.com/goto-start-ipo-plan?utm_source=article&utm_medium=website&utm_campaign=growth-podcast-gotoipo"> GoTo begins $1.1b IPO process</a></li> <li><a href= "https://www.techinasia.com/visual-story/org-chart-people-leading-goto-group?utm_source=article&utm_medium=website&utm_campaign=growth-podcast-gotoipo"> Org Chart: The people leading GoTo Group</a></li> <li><a href= "https://www.techinasia.com/goto-ipo-31-billion-valuation?utm_source=article&utm_medium=website&utm_campaign=growth-podcast-gotoipo"> GoTo shares up by 15% in initial trading, giving valuation o