In today’s briefing:
- Global Digital Niaga (BELI IJ) – Vote of Confidence
Global Digital Niaga (BELI IJ) – Vote of Confidence
- Global Digital Niaga (BliBli) will issue new shares through a private placement to Djarum Group, underlining the strong support from its parent as it continues to expand its omnichannel business.
- The company is also close to completing a large-scale distribution centre in West Java to expand its logistics capacity and has also indicated expanding fintech exposure.
- BliBli saw sharp improvements in take rates and profitability in 1H2024 as it focused on improving product mix. Net profit profitability is expected in FY2025.
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