Bukalapak raises $1.5 billion in Indonesia’s biggest IPO

On Wednesday, three sources familiar with the matter at hand said, Indonesian e-commerce firm Bukalapak has raised $1.5 billion in its initial public offering (IPO); Indonesia’s largest IPO saw Bukalapak price its shares at the top of an indicated price range.

Bukalapak declined to comment.

Sources preferred the cover of anonymity since they were not authorized to publicly talk about the matter.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

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