Indonesia’s Bukalapak gets investment from South Korea’s Shinhan, says valuation $2.5 billion

JAKARTA (Reuters) – Indonesian e-commerce firm Bukalapak on Friday said South Korea’s Shinhan Financial Group Co Ltd joined its latest fundraising round that valued the startup at over $2.5 billion. Bukalapak did not disclose the amount it will receive through Shinhan’s investment banking unit Shinhan GIB, nor the size of the stake Shinhan would gain. …

Indonesia’s Bukalapak gets investment from South Korea’s Shinhan, says valuation $2.5 billion Read More »