News Formal

Shares of Indonesian e-commerce company Bukalapak jump 25% in stock market debut

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Reports said the e-commerce firm raised $1.5 billion in Indonesia's largest IPO, and the company is valued at $6 billion.

Shares of Indonesian e-commerce firm Bukalapak jumped nearly 25% in their trading debut Friday — from an initial public offering price of 850 rupiah to 1,060 rupiah.

Friday's listing shows how bullish investors are on Southeast Asia, particularly in e-commerce, according to Romaine Jackson, head of Southeast Asia at Dealogic. . The function rejects further increases in share price once the stock hits the upper limit. Stocks priced between 200 rupiah and 5,000 rupiah are allowed to rise as much as 25%.the e-commerce firm raised $1.5 billion in Indonesia's largest IPO, and the company is valued at $6 billion.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Reese Witherspoon shares exciting career news with fans after big business decisionReese Witherspoon has already started making some big career moves just days after a landmark business decision
La source: hellomag - 🏆 24. / 68 Lire la suite »