Blibli Capable of Developing Its Own Digital Ecosystem

By Editorial Team 18/10/2022
businessman's portofolio
Summary

The planned IPO of Blibli.com or PT Global Digital Niaga (GDN) keeps attracting the attention of market players. GDN reportedly owns shares in several digital companies. One of the most notable investments was when GDN deployed Rp 1.37 trillion capital in PT GoTo Gojek Tokopedia Tbk (GOTO).

Citing Blibli's IPO prospectus on March 7, 2018, the capital injection allows GDN to hold a 0.83 percent stake in Gojek. GDN has more than doubled the investment since the Gojek-Tokopedia merger, resulting in GOTO, back in 2021, to Rp 3 trillion based on the fair price at the end of March this year.

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