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Bridgetown Holdings Ltd. (Hong Kong) operates as a blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on May 27, 2020 and is headquartered in Hong Kong.
Whether Bridgetown invests in Traveloka or not, this entry point looks like a gift.
The reasons for special purpose acquisition companies rising are numerous -- and not all of them make sense.
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