Indonesian based marketplace service, Tokopedia, as reported by Bloomberg, is currently exploring possible IPO on the New York Stock Exchange through Bridgetown’s Special Purpose Acquisition Company (SPAC) backed by well-known Silicon Valley investor Peter Thiel (through Thiel Capital) and Hong Kong conglomerate Richard Li (through the Pacific Century Group). Bridgetown shares surged to 29% after today’s market close.

As we contacted one of Tokopedia’s representatives, there is no further statement regarding this matter.