Indonesia's Bukalapak sees small shops powering digital banking

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Bukalapak President Teddy Oetomo is optimistic that the Indonesian e-commerce company is well placed to compete in digital banking. (Photo by Nana Shibata) 

NANA SHIBATA, Nikkei staff writer

JAKARTA -- E-commerce company Bukalapak's close ties with Indonesia's ubiquitous small and midsize family-owned warung retail shops will be a strength in the country's increasingly competitive digital banking sector, its president told Nikkei Asia.

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