Catch CEO Rachmat Kaimuddin explain the way ahead for Bukalapak in this video

DealStreetAsia’s ASEAN research head Andi Haswidi (left) with Bukalapak CEO Rachmat Kaimuddin at Asia PE-VC Summit 2021

Indonesian online to offline marketplace Bukalapak became the bellwether for technology startups seeking to list in the country with its record $1.5 billion initial public offering (IPO) earlier this year.

Its stock market performance since the listing, though, has been dismal.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter