CT Corp, Bukalapak to launch $69.7m e-grocery JV; secure $20m from Growtheum

CT Corp, Bukalapak to launch $69.7m e-grocery JV; secure $20m from Growtheum

Photo by Maria Lin Kim on Unsplash

Indonesian e-commerce giant Bukalapak and PT Trans Retail (the retail arm of CT Corp), are launching a new groceries joint venture this week, in a deal worth Rp 1 trillion ($69.7 million), DealStreetAsia has learnt.