Bloomberg
Alibaba, SoftBank Score 2022’s First IPO Windfall With GoTo
(Bloomberg) — GoTo Group, whose business spans ride-hailing, e-commerce and fintech, became one of the world’s biggest listings this year, giving a much needed boost to early backers including China’s Alibaba Group Holding Ltd. and SoftBank Group Corp.’s Vision Fund.Most Read from BloombergCanada to Ban Foreigners From Buying Homes as Prices SoarMocked as ‘Rubble’ by Biden, Russia’s Ruble Comes Roaring BackRussia Skirts Nearer Default After Dollar Payment BlockedU.S. Drones for Ukraine Will Inc