Bukalapak ups IPO to $1.5 billion, set to be largest Indonesian issue

Bukalapak ups IPO to $1.5 billion, set to be largest Indonesian issue

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-bukalapak-ipo/bukalapak-ups-ipo-to-1-5-billion-set-to-be-largest-indonesian-issue-idUSKBN2EM0CS

Indonesian e-commerce firm Bukalapak has increased its IPO size by about a third to $1.5 billion, underscoring hot demand from investors for the country's largest local issue, two sources familiar with the matter said on Friday.

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