Future Tech

Bukalapak raises $1.5 billion in Indonesia's biggest IPO

Tan KW
Publish date: Wed, 21 Jul 2021, 12:01 PM
Tan KW
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Future Tech

SINGAPORE - Indonesian e-commerce firm Bukalapak has raised $1.5 billion in its initial public offering, the country's largest issue, after pricing it at the top of an indicated price range, three sources familiar with the matter said on Wednesday.

Bukalapak declined to comment.

The sources asked not to be identified as they were not authorised to publicly talk about the matter.

 


  - Reuters

 

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