Bukalapak sees 25-year runway, no need for fundraising

Bukalapak sees 25-year runway, no need for fundraising

Juragan Buhari, one of Mitra Bukalapak who has joined since 2018. Currently, the number of registered Bukalapak Partners reaches 14.1 million and is spread throughout Indonesia. (Photo and caption courtesy of Bukalapak)

Indonesian listed technology group Bukalapak has enough cash to cover its operations for the next 25 years on the back of efficient cost management and improving performance, a senior executive said on Friday.