In 50 Words: BukuWarung posts $25.3m loss last year

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In 50 Words: BukuWarung posts $25.3m loss last year

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Indonesia’s fintech firm BukuWarung faced US$25.3 million in losses last year and staff reduced to 260 from 396 in the start of 2022, according to VentureCap Insights.

The firm posted negative US$20.2 million in net cash flow used for operations in 2022 as well.

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