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REUTERS/Beawiharta

Assegaf Hamzah & Partners (AHP) and Davis Polk & Wardwell have represented Indonesian technology platform GoTo on its $1.1-billion initial public offering on the IDX, one of the world's biggest IPOs so far this year.

According to Reuters, GoTo was formed following the May merger of ride-hailing-to-payments company Gojek and e-commerce giant Tokopedia. It added that GoTo was able to tap new rules allowing unprofitable firms to list directly on the bourse's main board, and will also be first to issue multiple class voting shares.

The AHP team was led by partners Bono Daru Adji and Intan Paramita (Mita).

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