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Tokopedia is Reportedly in Talks to Go Public on the New York Stock Exchange through SPAC
SPAC Bridgetown is backed by renowned Silicon Valley investor Peter Thiel and Hong Kong conglomerate Richard Li
Amir Karimuddin - 17 December 2020
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.
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