[Updated] Blibli prices its shares at the higher end of price band in IPO

[Updated] Blibli prices its shares at the higher end of price band in IPO

Left: George Hendrata (CEO of Tiket.com) Right: Kusumo Martanto (CEO of Blibli.com). Photo from Blibli's official documentation.

Editor’s Note: This story has been updated to include Blibli’s IPO price as quoted in the prospectus released on Wednesday.

PT Global Digital Niaga Tbk — the entity that owns the Indonesian e-commerce player Blibli, online travel agency Tiket.com, and supermarket chain Ranch Market — has set its initial public offering (IPO) price at 450 rupiah apiece, according to its prospectus released on Wednesday.

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