Despite upsides in revenue, TPV and take rate, Indonesia's Bukalapak stays in red

Despite upsides in revenue, TPV and take rate, Indonesia's Bukalapak stays in red

Mitra Bukalapak (Photo courtesy of Bukalapak)

Indonesia’s listed technology group Bukalapak reported losses at around 390 billion rupiah ($24.5 million) for the July-September 2023 period compared to 4.97 trillion ($312 million) in losses in the corresponding period last year.

Edited by: Padma Priya