Announced
Completed
Financials
Sources
Tags
E-commerce
online marketplace
e-commerce
Indonesia
Private
Acquisition
Friendly
Completed
Single Bidder
Minority
Cross Border
Synopsis
Standard Chartered, an international financial services provider, completed an investment of $200m in Bukalapak, an e-commerce services provider. “Our inaugural partnership with Bukalapak reaffirms Standard Chartered's commitment to growing our footprint locally. We are confident that our partnership with one of the first unicorns and leading e-commerce players in Indonesia will enable us to come together to create solutions that drive financial inclusion in Indonesia," Andrew Chia, Standard Chartered CEO.
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