Indonesian local crafts marketplace Qlapa shuts down

Series A funding failed to keep startup afloat as business remains unprofitable, regional heavyweights close in

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Indonesian artisan crafts online marketplace Qlapa has shut down. Their website now shows an “epilogue message,” thanking their former users and staff. “Unfortunately, this romantic journey must come to an end,” it says. “We were unable to make Qlapa a profitable and sustainable business.” Often compared to US-based crafts marketplace Etsy, Qlapa was launched in November 2015 to help Indonesia’s artisan industry to reach broader audiences. Its marketplace featured a wide range of products, from wood carvings and miniatures to leather goods and jewelry....
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Edited by Bernice Tang

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