Indonesia’s Evermos to focus on growth, profitability as it trains sights on IPO

Indonesian social commerce startup Evermos, which recently secured $39 million in fresh funding led by World Bank member International Finance Corporation (IFC), will double down on growth opportunities with an eye on the path to profitability. The startup is also likely to weigh options for an initial public offering in the domestic market in the next few years.

DealStreetAsia first broke Evermos’s latest fundraising development.

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