Blibli narrows FY24 losses as omnichannel strategy pays off

Blibli narrows FY24 losses as omnichannel strategy pays off

Blibli's co-founder and CEO Kusumo Martanto / Blibli

PT Global Digital Niaga Tbk—the parent company of Indonesian e-commerce player Blibli, online travel agent Tiket.com, supermarket chain Ranch Market, and home and living experience centre Dekoruma—reported narrower losses for Q4 and FY2024 as disciplined expansion and strategic monetization helped offset rising costs.

Edited by: Padma Priya

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter