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Bukalapak IPO a watershed for Indonesia's booming tech sector

Published Mon, Jul 19, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Jakarta

    BECOMING the first major tech firm to list on the Indonesian Stock Exchange (IDX) has both advantages and drawbacks for Bukalapak - the country's fourth-largest e-commerce company - as it gears up for an initial public offering (IPO) on Aug 6.

    The upcoming listing has created tremendous buzz among investors and market players as it symbolises the potential of South-east Asia's largest economy's fast-growing digital sector.

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