Bukalapak secures EGM approval to use IPO money for acquisitions

Bukalapak secures EGM approval to use IPO money for acquisitions

Mitra Bukalapak. Photo: Liputan6

Indonesia’s Bukalapak, which became the first tech unicorn in the country to be listed on IDX, has secured stakeholder approval to use the proceeds from its initial public offering (IPO) for business acquisitions, the company said in a statement on Thursday.