Bukalapak IPO a watershed for Indonesia's booming tech sector

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.