Inventory of e-commerce agency up in Indonesia debut

Shares of Indonesian e-commerce firm Blibli rose 4.9% in its Indonesian inventory market debut Tuesday, in what was the nation’s second-largest preliminary public providing this yr. 

Shares of PT International Digital Niaga Tbk, which owns Blibli, climbed as excessive as 472 rupiah in early buying and selling, up from its IPO worth of 450 rupiah per share. The corporate raised as a lot as 7.99 trillion rupiah ($509.2 million).

In early afternoon commerce, the inventory…