The Emtek, Naver, Microsoft, Gree and Aucfan-backed e-commerce platform developer is set to float in Indonesia at a reported $6bn valuation.
Bukalapak, the Indonesia-based online marketplace backed by multiple corporate investors, has priced its initial public offering at the top of its range and will raise $1.5bn, Reuters reported yesterday.
The share price values the company at about $6bn, according to three sources familiar with the matter. It is set to float on the Indonesia Stock Exchange next month.
Founded in 2010, Bukalapak operates an e-commerce platform with 6.5 million online sellers and 100 million users, and also runs a business-to-business…
