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Old 12-16-2020, 02:29 PM   #10745
Razor Ramon HG
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I myself got into BTWN earlier today on the dip.

It's a SPAC backed by Richard Li and Peter Thiel. Rumored to take Tokopedia, a leading Indonesian ecommerce platform public. Was all over Bloomberg yesterday.

Definitely a gamble since Tokopedia is also mulling over just doing an IPO with Morgan Stanley and Citi as advisors.. but I read they've been talking about going public for years now. Seeing as a SPAC can bring them public in a matter of months, perhaps SoftBank can push them in this direction.

With that said, I had never heard of Tokopedia prior to doing my research yesterday. If I can't get Tokopedia through a SPAC, I'll probably buy some when they IPO.. Shopee is another big ecommerce platform in Indonesia (and many other countries in SEA) and Sea Limited (which owns Shopee) has been a good investment for me.
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