Indonesia's Bukalapak kicks off $1.1 billion IPO, biggest in over a decade

Indonesia's Bukalapak kicks off $1.1 billion IPO, biggest in over a decade

4 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-bukalapak-ipo-indonesia/indonesias-bukalapak-kicks-off-1-1-billion-ipo-biggest-in-over-a-decade-idUSKCN2EF08O

Indonesia's Bukalapak launched an up to $1.13 billion IPO ahead of next month's listing, marking the country's biggest issue in over a decade amid rising investor appetite for tech stocks in a region boasting a growing consumer class, according to a term sheet seen by Reuters.