Indonesia’s Bukalapak raises IPO target to $1.5 billion from $1.1 billion on robust demand – sources

SINGAPORE (Reuters) – Indonesian e-commerce agency Bukalapak has raised its IPO measurement to $1.5 billion from a beforehand targetted $1.1 billion after the difficulty acquired stronger-than-expected demand from traders, two sources accustomed to the matter mentioned.

(Reporting by Anshuman Daga; Modifying by Ed Davies)

Indonesia’s Bukalapak raises IPO target to $1.5 billion from $1.1 billion on robust demand – sources

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