Bukalapak slips into the red in H1, but may turn adjusted EBITDA positive this year
Losses in H1 stood at 389.27b rupiah, compared with a profit of 8.6 trillion rupiah in the same period of 2022.
Source: dealstreetasia.com
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Vantage Point: Viability of quick commerce as standalone business in Indonesia seems far-fetched
This edition also features the food delivery pecking order and Bank DKI's proposed IPO.
Source: dealstreetasia.com
Vantage Point: Indonesia's EV ecosystem buildout hinges on domestic market adoption
The EV ecosystem is still in its early stages but adoption could accelerate relatively quickly, as consumers start to see the benefits.
Source: dealstreetasia.com