Indonesia's Bukalapak raises IPO target to $1.5 bln from $1.

Indonesia's Bukalapak raises IPO target to $1.5 bln from $1.1 bln on robust demand


Indonesia's Bukalapak raises IPO target to $1.5 bln from $1.1 bln on robust demand - sources
07/16/2021 | 12:18am EDT
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SINGAPORE, July 16 (Reuters) - Indonesian e-commerce firm
Bukalapak has raised its IPO size to $1.5 billion from a
previously targetted $1.1 billion after the issue received
stronger-than-expected demand from investors, two sources
familiar with the matter said.
(Reporting by Anshuman Daga
Editing by Ed Davies)
© Reuters 2021

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