Bukalapak: Indonesia’s first listed tech startup unicorn

Tech Startup Unicorn

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Bukalapak is making history as Indonesia’s first Tech unicorn to go public; ahead of its competitors such GoTo Group, Traveloka etc that were also planning to list on the Indonesian stock exchange this year due to growing interest from the public and investors. They raised US 1.5 billion from this initial public offering, making the total company valued at USD 6 billion. Bukalapak shares surged 25% upon its debut trading on IDX.

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