TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Start-up digest: Which Indonesian firms have IPO plans?
Big names in Indonesia's internet economy, such as Traveloka and GoTo Group, have set in motion plans to go public in the near future. Some are weighing conventional initial public offerings (IPO) in Indonesia or abroad, while others are considering special purpose acquisition companies (SPAC).
Change Size
Indonesia Stock Exchange (IDX) is trying to woo big tech start-ups by allowing them to use SPACs and conduct dual-class listings, both hot topics among tech start-ups worldwide. (Antara/M Risyal Hidayat)
M
span lang="DE" style="mso-ansi-language:DE">
Indonesia Stock Exchange (IDX) is trying to woo big tech start-ups by allowing them to use SPACs and conduct dual-class listings, both hot topics among tech start-ups worldwide.
The move comes after several local unicorns, which are companies valued at more than US$1 billion, were reportedly considering listing abroad.
Read also: IDX to allow SPACs, hopes Indonesian unicorns will go public locally
Below are some Indonesian companies that have announced plans to go public in the near future.
Tiket.com
The latest start-up to announce IPO plans is online travel agency (OTA) Tiket.com. Its chief executive, George Hendrata, stated last month that the company would go public this year.
