Fresh from the IPO: Teddy Oetomo of Bukalapak

20/09/2021 32 min

Listen "Fresh from the IPO: Teddy Oetomo of Bukalapak"

Episode Synopsis

Bukalapak in August became Indonesia's first ever locally listed tech unicorn. Its robust revenue growth in its first reported quarter as a public company offers a compelling alternative narrative to characterizations of destructive hyper-competition across the country's e-commerce industry. Company President Teddy Oetomo points out that tier 2-4 cities, where its "Mitra Bukalapak" service dominates by serving micro and small-sized offline merchants, is actually where a majority of Indonesia's commerce occurs.

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