Bukalapak's $1.1 billion IPO, Indonesia's biggest in a decade, covered on launch day - sources

Bukalapak's $1.1 billion IPO, Indonesia's biggest in a decade, covered on launch day - sources

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-bukalapak-ipo-indonesia/bukalapaks-1-1-billion-ipo-indonesias-biggest-in-a-decade-covered-on-launch-day-sources-idUSKCN2EF08O

SINGAPORE/JAKARTA (Reuters) -Indonesia's biggest IPO in more than a decade, the billion dollar offering from e-commerce firm Bukalapak, received enough investor orders to cover the sale on its launch day on Friday, two sources said, reflecting strong appetite for tech stocks.