Indonesia’s Bukalapak raises IPO target to $1.5 billion from $1.1 billion on robust demand – sources

SINGAPORE (Reuters) – Indonesian e-commerce firm Bukalapak has raised its IPO size to $1.5 billion from a previously targetted $1.1 billion after the issue received stronger-than-expected demand from investors, two sources familiar with the matter said.

(Reporting by Anshuman Daga; Editing by Ed Davies)