Indonesia's Bukalapak returns to red in Q1, continues efficiency efforts

Indonesia's Bukalapak returns to red in Q1, continues efficiency efforts

Photo courtesy of Bukalapak

Indonesia-listed e-commerce player Bukalapak recorded 1 trillion rupiah ($68.2 million) in losses in the first three months of 2023, according to a statement late on Friday, a stark contrast from the 14.55 trillion rupiah profits in the same period a year earlier.

Edited by: Pramod Mathew