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Startups

Indonesian unicorn Bukalapak's CEO steps down in surprise move

Alibaba-backed e-commerce site names ex-banker to succeed founder Achmad Zaky

Rachmat Kaimuddin, right, will replace Achmad Zaky as chief executive of Indonesian online marketplace Bukalapak. (Photo courtesy of the company)
ERWIDA MAULIA, Nikkei staff writer | Indonesia

JAKARTA -- Indonesian e-commerce unicorn Bukalapak on Monday announced that founder Achmad Zaky would leave his position as chief executive of the startup on Jan. 6, with a former bank executive appointed as his successor.

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