Bukalapak

Indonesian e-commerce company Bukalapak announced Monday that its revenue grew by 86 percent year on year to IDR 898 billion ($57.58 million) in the third quarter of 2022 (3Q22), underpinned by strong performance of its online-to-offline solution Mitra Bukalapak.

Indonesia e-commerce firm Bukalapak and global bank Standard Chartered have officially launched BukaTabungan, a digital banking service that leverages the reach of Bukalapak’s all-commerce platform and the technology of nexus, a banking-as-a-service (BaaS) solution powered by Standard Chartered.

Indonesian e-commerce firm Bukalapak said Thursday that its revenue for the first quarter of 2022 (1Q22) grew by 86 percent year on year to IDR788 billion ($54.39 million), underpinned by its Mitra Bukalapak’s growth.

It’s that time of the year again when we take a look back at what had happened during the year in the tech and startup scene.

Now is a better time than ever to be investing in Indonesia's digital ecosystem and help back the next generation of entrepreneurs building disruptive businesses. In the next ten years, we'll see over half of the top 20 largest market cap businesses on the IDX being digital-first businesses.

Bukalapak is Indonesia’s fourth-largest e-commerce company after Tokopedia, Sea Ltd’s Shopee and Alibaba’s Lazada.

hy are businesses or individual entrepreneurs turning to live selling? Does it really help them sell more? Is it more effective than simply putting up ads that include photos or videos of the products, descriptions, and price and ordering details? Are there significant advantages that make it worth the while to go online to feature products and interact…

The company plans to use its fresh capital to increase its user base of warungs (mom and pop stores), micro, and small businesses in Indonesia. The company’s strategic partnerships with both state-owned banks will also give its user base access to more products and services that the banks offer.