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Announced

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Standard Chartered completed an investment of $200m in Bukalapak.

Financials

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Transaction Value£147m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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E-commerce

online marketplace

e-commerce

Indonesia

Private

Acquisition

Friendly

Completed

Single Bidder

Minority

Cross Border

Synopsis

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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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