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Richard Li rebounds from blunders with win from Goto IPO

Bloomberg
Bloomberg • 4 min read
Richard Li rebounds from blunders with win from Goto IPO
Li's stake in GoTo will bring his networth to US$5 billion / Bloomberg
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Hong Kong billionaire Richard Li is back in the spotlight.

The younger son of Li Ka-shing – the 93-year-old known in the city as “Superman” for his deal-making prowess – is gaining ground as an accomplished investor of his own. His latest win: GoTo Group, the Indonesian tech giant that will start trading on Monday.

Tokopedia, the online-shopping startup that merged with ride-hailing company Gojek to create GoTo, is one of the junior Li’s first major bets in Southeast Asia, a region he’s been targeting to diversify his empire.

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