News unicorn

Indonesia’s Bukalapak Plans $1bn Domestic IPO

Indonesian e-commerce firm Bukalapak set to become first tech 'unicorn' to make market debut in the country as it seeks to raise up to $1.13bn

Unprofitable ride-hailing firm had set price at low end of range, but is still punished by sceptical investors and wider market turbulence

Cloud

HPE is to pay $650m in cash for the hyperconverged startup, which was once valued at more than $1bn