Bukalapak raises US$1.5B in its IPO, shares jump 25 per cent

Indonesian e-commerce giant Bukalapak today made its debut listing on the Indonesia Stock Exchange, raising US$1.5 billion in its IPO. Debuting at IDR850, the shares price rose 25 per cent and was capped at IDR1,060. According to a The Straits Times report, based on Bloomberg data, the debut gain has pushed Bukalapak’s valuation to IDR109 […] The post Bukalapak raises US$1.5B in its IPO, shares jump 25 per cent appeared first on e27.