Bukalapak seeks to use IPO proceeds for acquisitions, debt repayment

Bukalapak seeks to use IPO proceeds for acquisitions, debt repayment

Photo: Bukalapak

PT Bukalapak.com Tbk, Indonesia’s first listed unicorn, is planning to use part of its proceeds from the initial public offering (IPO) to make acquisitions and to repay financing facilities used for business expansion, the company said in a filing on Friday.

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