Indonesia's GoTo buys shares worth $25m in Lippo's retail arm

Indonesia's GoTo buys shares worth $25m in Lippo's retail arm

Indonesian tech giant GoTo — formed from the merger of Gojek and Tokopedia in May this year — has bought shares in Lippo Group’s retail unit Matahari Putra Prima (MPPA) from its parent company, according to a stock exchange filing on Thursday.