Three top shareholders control over 60% of Indonesian e-commerce giant Bukalapak, whose cap table has as many as 47 investors.
While PT Kreatif Media Karya (KMK) holds a whopping 31.9% stake in Bukalapak, API (Hong Kong) Investment Limited and Singapore’s GIC, through subsidiary Archipelago Investment Pte Ltd, own 17.4% and 12.6%, respectively.
