Indonesia: Bukalapak's Jan-Sept net loss narrows amid strong revenue growth

Indonesia-listed e-commerce marketplace PT Bukalapak.com Tbk on Tuesday reported that its net loss in the January-September 2021 period was down 19% at Rp 1.1 trillion ($79 million) compared to the corresponding nine-month period in 2020 on the back of strong revenue growth.

The company posted a 42% rise (on annual basis) in revenue at Rp1.35 trillion. Its revenue in the quarter ended September 2021 increased by 58% to Rp484 billion.

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