Naver Corp possibly takes part in Bukalapak’s potential fresh funding

Indonesia’s online marketplace Bukalapak has just celebrated its ninth birthday Celebrated its ninth birthday last night, a source revealed to DailySocial that Bukalapak is going to announce its newest funding in which the company behind South Korean LINE, Naver Corp participates. The information is also confirmed by other sources from Kumparan. However, Bukalapak’s founder and […] The post Naver Corp possibly takes part in Bukalapak’s potential fresh funding appeared first on e27.


11 Jan, 2019E27.CO

BEAM - Naver Corp possibly takes part in Bukalapak’s potential fresh funding | BEAM

Indonesia’s online marketplace Bukalapak has just celebrated its ninth birthday

Celebrated its ninth birthday last night, a source revealed to DailySocial that Bukalapak is going to announce its newest funding in which the company behind South Korean LINE, Naver Corp participates.

The information is also confirmed by other sources from Kumparan. However, Bukalapak’s founder and CEO Achmad Zaky refused to comment during the birthday celebration’s press conference.

Also Read: Tokopedia appoints former Indonesia Finance Minister as its President Commissioner

In the press conference, Bukalapak revealed the company will allocate IDR 1 billion (US$ ) to develop its program called Mitra Bukalapak or Bukalapak’s Partners.

There’s no further details on the possible funding.

Recently, as one of unicorns in Indonesia, Bukalapak has been focussed on allocating budget towards its R&D center. Bukalapak believes that further innovation will drive more businesses.

The post Naver Corp possibly takes part in Bukalapak’s potential fresh funding appeared first on e27.

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