Bukalapak IPO Initiation: Island Shopping
Bukalapak has increased its IPO size by about a third to $1.5 billion due to strong demand. Its fundamentals tick all the right boxes of rising...
366 Views
ECM Weekly (18th July 2021) - Krafton, Kakao Bank, Bukalapak, Filinvest REIT, Zomato, China ADR IPO
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
428 Views
Bukalapak IPO - Peers & Valuation - Betting on Its Potential
Bukalapak (BUKA) is an Indonesian e-commerce company. In our view, BUKA can trade towards 0.5x P/GMV as of listing which would imply a decent 17 -...
602 Views
The Week That Was in ASEAN@Smartkarma - Bank Rakyat Indonesia, Thai Financials, and Bukalapak IPO
The week that was inĀ ASEAN@SmartkarmaĀ is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
243 Views
Bukalapak IPO: Reaching Hard to Reach Areas but Prospects of Profitability Is Bleak
At the proposed IPO price range, Bukalapak is trading at 41.9-47.6x 2020 EV/Sales, which is not cheap, especially for a company that may not be...
306 Views