GREE Ventures Invests in Indonesian E-commerce Company Bukalapak

Rick Martin
2:15 pm on Sep 11, 2012

bukalapak

Center three, L to R: Kuan Hsu (GREE), Achmad Zaky (Bukalapak), Takeshi Ebihara (Batavia),

We’re seeing a couple of reports today (from Daily Social and from NNA.asia) that GREE Ventures has invested in Indonesian e-commerce company Bukalapak. The latter company is responsible for a number of standout e-commerce properties in the country, including Bukalapak.com.

Just recently Bukalapak.com added a new payment system, allowing members to use Bank Mandiri’s Clickpay as a payment method as well as manual money transfer.

Many of you might recall that just over a year ago, Batavia Incubator brought on Bukalapak.com as its first incubatee. But the group has since expanded into other areas, such as Muslim online fashion place, Hijup; as well as the more general fashion e-commerce site Scallope.com, which launched back in July. Check out Daily Social’s report for some comments from GREE Ventures and Bukalapak on this most recent investment news.

GREE Ventures also invested in price comparison engine PriceArea back in July, along with So-net, for an undisclosed amount.

(And yes, we're serious about ethics and transparency. More information here.)

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