Shares of bukalapak.com dropped 6.76% to Rp276 today to make market capitalization of Rp28.45 trillion or around US$2 billion. The stock has lost nearly 80% its value from peak (days after the trading debut on Indonesia Stock Exchange/IDX). GoTo, considered substantially bigger than bukalapak.com, meanwhile, is offering 52 billion shares in the price range of Rp316-346. To subscribe please click here
