Decoding Bukalapak’s $1.2b valuation math and performance metrics

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

Bukalapak became Indonesia’s latest unicorn in 2017 after raising an unspecified amount of funding from undisclosed investors. DEALSTREETASIA takes a look at its estimated valuation and financial performance metrics to see how it compares with peers such as Sea Ltd’s Shopee and others.

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