The Bukalapak Riddle
Monday, 2 August 2021
Bukalapak is breaking new record at the Indonesian Stock Exchange. Speculations on the potential big investors remain.
DESPITE not being particularly interested, David Anwar still ended up ordering Bukalapak.com shares. The 40-year-old man, who works in the oil and gas sector, purchased the shares on Friday, July 30, on the last day of Bukalapak’s initial public offering (IPO). David spent around Rp10 million—his entire savings account. “(It) will get around 121 lots,” said David on July 31.
David had, in fact, ordered Bukalapak’s n...
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