Indonesia's Bukalapak increases IPO target to over $1 billion on strong demand - sources

Indonesia's Bukalapak increases IPO target to over $1 billion on strong demand - sources

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-bukalapak-ipo/indonesias-bukalapak-increases-ipo-target-to-over-1-billion-on-strong-demand-sources-idUSKCN2ED0RG

Indonesian e-commerce firm Bukalapak is targeting raising more than $1 billion in its IPO, 25% more than previously planned, on indications of strong investor demand for the country's first tech unicorn listing, two sources familiar with the matter said.