S Korea's Shinhan invests in Indonesia's Bukalapak at $2.5b valuation

S Korea's Shinhan invests in Indonesia's Bukalapak at $2.5b valuation

Bukalapak's Fajrin Rasyid at DEALSTREETASIA's Indonesia PE-VC Summit 2019 in Jakarta. Photo: Ipsita Ray/DEALSTREETASIA

Indonesian e-commerce major Bukalapak announced on Friday that South Korean conglomerate Shinhan GIB has joined the firm’s latest Series F funding round, along with a few existing investors.

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