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View all search resultsThe country's first e-commerce unicorn is ceasing sales of physical goods to focus on digital goods and services, citing minimal revenue contribution, shift in demand and increasing competition since the company's founding almost 15 years ago.
The operation of Chinese e-commerce Temu has been blocked in Indonesia after industry groups urged the government to take the app down over concerns that it threatened local micro, small and medium enterprises (MSMEs).
Bukalapak has turned in yet another positive performance this year as the company managed to grow its year-on-year (yoy) revenue by 86 percent as of the third quarter, as announced in a press statement about the company’s financial report released on Sunday.
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