TOKYO -- Bukalapak became the 13th most valuable public company in Indonesia after its shares soared in their market debut on Friday in Jakarta, as the company gets ready to take on intensifying competition in the country's fast growing e-commerce market.
IPO
Bukalapak becomes Indonesia's 13th most valuable public company
Trading in e-commerce platform's shares suspended after 25% opening surge
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Bukalapak went public in August amid fanfare but its share price has since languished. (Screenshot from Bukalapak app)
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