Mirae Asset-Naver Asia Growth Fund has contributed $50m to the latest round for e-commerce platform Bukalapak, whose shareholders include Aucfan, Emtek and Gree.
Mirae Asset-Naver Asia Growth Fund, the vehicle formed by internet company Naver and investment firm Mirae Asset Daewoo, has invested $50m in Indonesia-based e-commerce marketplace Bukalapak, Bloomberg reported today.
The investment will form part of an ongoing round the company has confirmed is taking place, though it did not disclose any financial details.
Founded in 2010, Bukalapak operates an online marketplace for third-party merchants, particularly those that specialise in bargains and large quantities of second-hand items. It has also expanded…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
