On August 6, 2021, Indonesian e-commerce unicorn Bukalapak became the first tech unicorn of its generation to make a debut on the Indonesia Stock Exchange (IDX) after raising $1.52 billion in its IPO in the bourse’s biggest offering since Adaro Energy’s issue in 2008.
The IDX is now keen on attracting more such listings, given the growing interest in the country’s tech sector.
