Indonesian B2B marketplace Ralali looks to become profitable by end-2023, eyes IPOThe company targets to become EBITDA positive by the fourth quarter …

Ten-year-old Indonesian B2B e-commerce marketplace Ralali is focusing on profitability as it has set its sight on going public in the next few years.

The company aims to raise $30-50 million in its ongoing Series D round by the end of this year, and it eyes IPO preparation afterward, although it does not have a hard timeline yet.

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