Bukalapak

TikTok, Alibaba push Indonesia e-commerce pioneer Bukalapak into retreat

INDONESIAN e-commerce pioneer Bukalapak.com will stop selling physical goods, underscoring the cut-throat competition in a market where the likes of ByteDance’s TikTok Shop and Sea’s Shopee are vying ...

Contribution from the online-to-offline business segment Mitra Bukalapak rose up to 53 per cent in Q3, from 43 per cent in the same period last year.

Bukalapak’s Q3 revenue rises 86% to 898b rupiah on lower cost base

INDONESIAN e-commerce company Bukalapak on Monday (Oct 31) posted an 86 per cent growth in revenue to 898 billion rupiah (S$81.3 million) for the third quarter ended Sep 30.

DBS has “buy” calls for Sea and Bukalapak and a “hold” call for Grab.

Higher upside potential for Bukalapak amid push for profitability, DBS says

DBS Group Research expects higher upside potential for Bukalapak versus Sea and Grab among listed Asean Internet players, it said in a report on Monday (Mar 20).

The app of Indonesian e-commerce company Bukalapak, which is among the unicorns that have suffered share price drops. The shares of Bukalapak and Singapore-based Grab Holdings have fallen more than 65 per cent since their IPOs.

Star South-east Asian unicorns see US$51b gone since their listings

THREE of the most-hyped South-east Asian tech listings over the past year-and-a-half have lost a combined market value of US$51 billion since their debuts, amid a slump in technology stocks globally a...

INDONESIAN e-commerce company Bukalapak posted an 86 per cent rise in revenue on year to 788 billion rupiah (S$75.4 million) for its first quarter ended Mar 31, 2022.

Bukalapak Q1 revenue rises 86% to 788b rupiah on growth from Mitra Bukalapak

INDONESIAN e-commerce company Bukalapak posted an 86 per cent rise in revenue on year to 788 billion rupiah (S$75.4 million) for its first quarter ended Mar 31, 2022.

BukaTabungan has received approval from Indonesia financial services authority Otoritas Jasa Keuangan.

Bukalapak, Standard Chartered launch digital banking service in Indonesia

INDONESIAN e-commerce company Bukalapak has tied up with Standard Chartered to launch BukaTabungan, a digital banking service targeting Bukalapak’s users and Indonesia’s underbanked segment.

Bukalapak said that revenue for the 3 months ended Jun 30, 2022 rose 105 per cent on year to 903 billion rupiah (S$83.6 million).

Bukalapak’s Q2 revenue doubles to 903b rupiah

INDONESIAN e-commerce company Bukalapak reported on Monday (Aug 1) improved second quarter revenue, which more than doubled year-on-year, on the back of growth from Mitra Bukalapak.

GoTo's offering is pricier than peers Bukalapak, Bank Neo Commerce: UOBKH

GoTo's offering is pricier than peers Bukalapak, Bank Neo Commerce: UOBKH

EVEN at the lowest end of the 316-346 rupiah (S$0.02-0.03) per share range, Indonesia's largest tech firm GoTo's offering price is valued significantly higher than its peers, according to UOB Kay Hian...

GoTo's offering is pricier than peers Bukalapak, Bank Neo Commerce: UOBKH

GoTo's offering is pricier than peers Bukalapak, Bank Neo Commerce: UOBKH

EVEN at the lowest end of the 316-346 rupiah per share range, Indonesia's largest tech firm GoTo's offering price is valued significantly higher than its peers, according to UOB Kay Hian (UOBKH).

Indonesia tycoon teams up with Bukalapak for online grocery push: sources

Indonesia tycoon teams up with Bukalapak for online grocery push: sources

[SINGAPORE] Tycoon Chairul Tanjung’s CT conglomerate is teaming up with Internet company Bukalapak.com for an online grocery venture as e-commerce gains ground in Indonesia, according to people with k...