Indonesia e-commerce firm Bukalapak to stop selling physical goods as competition mounts

Quick Summary:

JAKARTA : Indonesian e-commerce firm Bukalapak said on Tuesday that it would stop selling physical items on its marketplace soon, amid tough competition from TikTok's Tokopedia and Sea's Shopee in Southeast Asia's largest economy.

Customers have until Feb.9 to make last orders for certain items, Bukalapak added.

Shares of Bukalapak were down 4.1 per cent to 117 rupiah on Wednesday as of 0519 GMT.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeIndonesia

Topics: Phone E-commerce Rupiah Cent Bukalapak Tokopedia Shares Company Indonesian Mobile 2021

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 14:06:10 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24970300

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 45 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 37 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions