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After WeWork flop, Indonesia's Gojek eyes dual listing

Unicorn moves on from charismatic leader, heavy promotions and cash burning

Commuters pass by a Gojek advertisement in Singapore. The startup aims to be a Southeast Asian "super app" that lets users hail rides, make payments and more.   © Reuters

JAKARTA -- Indonesian ride-hailing startup Gojek likely will seek a dual listing when the company makes an initial public offering, co-CEO Andre Soelistyo said on Oct.24.

The primary listing will be in the home country, Soelistyo told media including the Nikkei Asian Review, as Gojek wants to provide "the opportunity for Indonesian investors to participate."

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