Indonesia s tokopedia is lining up an initial public offering ipo worth at least 1 billion next year two people with knowledge of the matter said in what could be the biggest overseas listing. The company has appointed morgan stanley and citi as advisors for the ipo process.
Banks morgan stanley and citibank to advise it on its.
Tokopedia ipo plan. Tokopedia president on ipo plans future business strategies. On its 10th anniversary the firm expressed interest. Update december 17 13 00 pm sgt.
Tokopedia is accelerating ipo plans after spac merger rumor. This article has been updated to include tokopedia hiring morgan stanley and citi to accelerate the public listing plan. Indonesian e commerce platform tokopedia has confirmed that it is working towards an initial public offering.
The company had planned an ipo for this year but put its plans on hold as the pandemic struck. Written by ursula florene published on 16 dec 2020. On its tenth anniversary the firm expressed interest to become a super ecosystem for local customers and businesses.
One shareholder said bridgetown s interest first reported by bloomberg is just one of tokopedia s options. A banker involved in the process suggested that a traditional ipo is still the preference. Indonesia s largest ecommerce platform tokopedia is entering its second decade.
Exclusive ipo plan could value tokopedia at 10 bln or more source. Indonesia s tokopedia speeds ipo plan selects advisers e commerce unicorn weighs working with acquisition specialist tokopedia appointed u s. As advisers to help accelerate its plan to go public following a bloomberg news report that bridgetown holdings ltd the blank check company backed by billionaires richard li and peter thiel is considering a potential merger with the e commerce giant.
Situs jual beli online terlengkap dengan berbagai pilihan toko online terpercaya. Tokopedia said last month it hired morgan stanley and citigroup inc. Belanja online mudah dan menyenangkan di tokopedia.
Besides ipo go local is tokopedia s main focus on its second decade going forward indonesia s largest e commerce platform tokopedia is entering its second decade.