GIC-backed Indonesian investing platform Stockbit's losses surged 90% in 2022

GIC-backed Indonesian investing platform Stockbit's losses surged 90% in 2022

Stockbit offers a stock investing app targeted at millennial users.

Indonesian digital investment platform Stockbit’s losses increased by 89.8% to S$36.12 million ($14.3 million) in 2022 on the back of soaring expenses, show recent regulatory filings.

Edited by: Deepshikha Monga

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