In today’s briefing:
- NFC Indonesia (NFCX IJ) – From O2O to Clean Energy on Two Wheels
NFC Indonesia (NFCX IJ) – From O2O to Clean Energy on Two Wheels
- NFC Indonesia (NFCX IJ) provides exposure to Indonesia’s O2O ecosystem as a technology-driven digital product aggregator, FMCG supplier, and advertiser covering modern trade, general trade, and e-commerce.
- The company provides screen-based iCloud-enabled indoor advertising across mini-markets and increasingly for general trade. This provides a high-margin recurring income base which only currently covers 50% of mini-markets currently.
- NFCX is the current leader in the 2W EV market in Indonesia through its Volta brand, with the most extensive battery swapping buildout, and with further capacity expansion to come.
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