International

Indonesian data firm becomes world’s best-performing IPO in 2021 after 10,000% jump

Cloud data service provider PT DCI Indonesia Tbk (DCI) has delivered the world’s best-performing IPO this year. It has soared 10,852% or more than 100 fold since its 150 billion rupiah ($10.5 million) listing in January, Bloomberg reported. Indonesian billionaire Anthoni Salim, whose business empire spans from food to telecommunications to real estate, owns 11% stake in the company.

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