Daily Markup #718: iPrice joins the Bukalapak team to continue helping shoppers in SE Asia save money by bringing them the best prices

Credit: iPrice

The best of both worlds

  • Coming together to serve more customers with great deals in new locations are two stellar 500-backed companies: e-commerce platform Bukalapak acquired a majority stake in price comparison platform iPrice Group.
  • This move is part of Bukalapak’s strategy to focus on niche marketplaces, while iPrice wants to offer more deals and discounts across new categories and regions.
  • Heinrich Wendel, Co-founder of iPrice, said, “We are excited to join forces with Bukalapak and benefit from the group’s synergies. This partnership will allow us to expand our services to help even more users save money across new verticals, like gaming, and geographies, like Australia.”
  • Over the last eight years, iPrice has become a niche marketplace. Theteam also shared that in 2022, they helped more than 100 million consumers across seven countries in Southeast Asia surf the best deals and discounts from over 8 billion offers.
  • Read the full story on DealStreetAsia. A subscription may be required.
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