Bukalapak’s revenue grows 12% quarter-on-quarter in 2Q
Indonesian e-commerce company Bukalapak announced Wednesday that its revenue for the second quarter grew by 12 percent quarter-on-quarter to Rp 1.6 trillion ($97.6 million), driven primarily by strong performance in the gaming and investment segments. The firm said in a statement that its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) improved by 30 percent...
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