Indonesian e-commerce unicorn Bukalapak to offer up to 25% in IDX IPO

Indonesian e-commerce unicorn Bukalapak to offer up to 25% in IDX IPO

People walk past a statue of a bull as they enter the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia. Photographer: Dimas Ardian/Bloomberg

Indonesian e-commerce company Bukalapak plans to offer up to 25% of its enlarged capital in its initial public offering (IPO) on the Indonesian Stock Exchange (IDX), according to a company document seen by DealStreetAsia.

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