Bukalapak | |
Company type | Public company (Perseroan terbatas) |
IDX: BUKA | |
ISIN | ID1000162001 |
Industry | Technology |
Founded | 10 January 2010 |
Founders |
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Headquarters | , Indonesia |
Key people |
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Revenue | Rp1,9 triliun (2021) |
Number of employees | 2.962[1] (2022) |
Subsidiaries |
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Website | bukalapak |
PT Bukalapak.com Tbk, trading as Bukalapak, is an Indonesian e-commerce company. It was founded in 2010 as an online marketplace to facilitate online commerce for small and medium enterprises (SME).[2][3] Bukalapak later expanded to digitise small family-owned businesses, known in Indonesia as warungs.[4][5][6] The company is involved in the operations of approximately 25% of Indonesian warungs through its Mitra programme.[7]
As of 2021, Bukalapak serves over 100 million users and seven million partners, and processes an average of over two million daily transactions.[8][9][10] It is one of the largest e-commerce companies in Indonesia and is its fourth startup to become a unicorn.[4][5][6] Its initial public offering (IPO) on the Indonesian Stock Exchange was the largest ever at the time, in 2021, when it raised up to US$1.5 billion, though it lost nearly 66% of its market value six months later.[11][12]