Bukalapak.com PT Tbk

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14 articles for Bukalapak.com PT Tbk

Bukalapak: Bargain basement

We reiterate our Buy recommendation on Bukalapak, with a target price of IDR456. This implies an upside of 62%. Bukalapak operates an online-to-offline network (O2O) and has a strong presence outside Indonesia's tier 1 cities. We expect robust growth...
Tellimer Research Nirgunan
Nirgunan Tiruchelvam @ Tellimer Research 26 July 2022
Bukalapak: Bargain basement
Bukalapak: Bargain basement

The EM Tech firms best placed to survive the rout

This week's warning from Snap that “the macroeconomic environment has deteriorated further and faster than anticipated” shook the Tech sector's foundations. The company expects its EBITDA this quarter to come in “below the low end” of its guidance ra...
Tellimer Research Nirgunan
Nirgunan Tiruchelvam @ Tellimer Research 27 May 2022
The EM Tech firms best placed to survive the rout
The EM Tech firms best placed to survive the rout

The good, the bad and the ugly in the EM tech rout

Most readers will know Gloria Gaynor’s hit “I Will Survive”. The FAANGs are down an average of 45% in the same period. It took until August 2017 for the index to regain its March 2000 high (on an inflation and dividend-adjusted basis). Unlike the dot...
Tellimer Research Nirgunan
Nirgunan Tiruchelvam @ Tellimer Research 16 May 2022
The good, the bad and the ugly in the EM tech rout
The good, the bad and the ugly in the EM tech rout

Indonesia's digital economy: An archipelago awakes

Indonesia has the largest digital economy in Southeast Asia with c40% of the total regional market share. In 2020 alone there were 40mn new internet users, with 70% of the total population having access to online platforms. The Southeast Asia interne...
Tellimer Research Nirgunan
Nirgunan Tiruchelvam @ Tellimer Research 28 April 2022
Indonesia's digital economy: An archipelago awakes
Indonesia's digital economy: An archipelago awakes

GoTo's IPO is pricey but don't rule it out

The US$1bn GoTo IPO is the largest issue since the start of the war in Ukraine and the largest in Indonesia's history. It is a litmus test for capital markets, particularly EM Tech. The plan would net the company IDR13.72 trillion (US$0.96 billion). ...
Tellimer Research Nirgunan
Nirgunan Tiruchelvam @ Tellimer Research 6 April 2022
GoTo's IPO is pricey but don't rule it out
GoTo's IPO is pricey but don't rule it out

Bukalapak: Bargain basement in EM tech, upgrade to Buy

We upgrade Indonesian e-commerce firm Bukalapak to Buy from Sell, with a new DCF-based target price of IDR456 (up from IDR298 previously). Bukalapak has lost 64% of its value since its IPO in August 2021 and we think it now offers deep value. 1) High...
Tellimer Research Nirgunan
Nirgunan Tiruchelvam @ Tellimer Research 28 March 2022
Bukalapak: Bargain basement in EM tech, upgrade to Buy
Bukalapak: Bargain basement in EM tech, upgrade to Buy

Details

Indonesia
Asia
Consumer Services
About
Bukalapak.com PT Tbk provides e-discretionary services. The Company offers range of electronics, food, shoes, apparel, watches, bags, cosmetics products, and other accessories. Bukalapak.com serves customers in Indonesia.

Associated topics

Consumer Services Equity Nirgunan Tiruchelvam Asia Indonesia Bukalapak.com PT Tbk Consumer Discretionary Spotlight Information Technology Technology Bukalapak Sea Ltd Singapore Grab