Announced
Completed
Financials
Sources
Tags
Cross Border
Private
Minority
Friendly
Private Equity
Single Bidder
E-commerce
technology group
Indonesia
Acquisition
Completed
Synopsis
Abu Dhabi Investment Authority, an investment firm, led a $400m investment in GoTo, a digital ecosystem in Indonesia. “This investment in GoTo is aligned with a number of our key investment themes, including the growth of the digital economy in the fast-growing markets of Southeast Asia. We see strong potential in the region, particularly in Indonesia where the vibrant economic backdrop is encouraging ADIA to continue to deepen its presence," Hamad Shahwan Al Dhaheri, ADIA Executive Director of the Private Equities Department.
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