Indonesian e-commerce firm Blibli cuts losses by 18% in Q1 2023

Indonesian e-commerce firm Blibli cuts losses by 18% in Q1 2023

Photo courtesy of Blibli

Indonesia-listed PT Global Digital Niaga Tbk, an entity that includes e-commerce player Blibli, online travel agency Tiket.com, and supermarket chain Ranch Market, reported lower losses in the first three months of 2023 amid higher revenues and an improved cost structure, according to the company’s statement late on Friday.

Edited by: Joymitra Rai