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.
TRENDING NOW
Johor property old hand KSL readies family handover amid market boom
Seatrium eyes S$28 billion in project opportunities amid global race for energy security
China targets offshore billions in biggest crackdown in decades
Trek 2000 shares jump 26% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital
