Daily BriefsIndonesia

Indonesia: Bukalapak and more

In today’s briefing:

  • Bukalapak (BUKA IJ) – Higher Take Rates and Better Quality Growth Ahead

Bukalapak (BUKA IJ) – Higher Take Rates and Better Quality Growth Ahead

By Angus Mackintosh

  • Bukalapak (BUKA IJ) 1Q2022 results were all about execution, with significant improvements in take-rates for its Mitra business, and even more so for its marketplace segment. 
  • The launch of AlloFresh and Allo Bank Indonesia will add some further depth and breadth to the platform’s product offering and help to accerlate the move towards profitabilty.
  • Bukalapak (BUKA IJ) looks like an increasingly interesting way to play the Indonesian digital economy with an expanding ecosystem and increasing take-rates at the same time. 

Before it’s here, it’s on Smartkarma