In today’s briefing:
- Bukalapak (BUKA IJ) – Building a Warchest of Ecosystems
Bukalapak (BUKA IJ) – Building a Warchest of Ecosystems
- Bukalapak (BUKA IJ) is rapidly broadening its exposure to a greater range of services, with the latest move increasing its exposure to gaming, a potential future cash cow.
- We have already seen Bukalapak (BUKA IJ) making bold moves into digital banking through Allo Bank Indonesia and a direct commitment to online groceries through AlloFresh with Trans Retail Indonesia.
- We continue to focus on the improving fundamentals of Bukalapak (BUKA IJ) and its growing ecosystem and would use any short-term trading anomalies to accumulate the stock.
Before it’s here, it’s on Smartkarma
