Blibli cuts operating losses by 29% in FY 23, revenue down 4%
A Blibli Store in Jakarta / Photo credit: Blibli
Indonesia-based ecommerce major Blibli reduced its loss from operations by 29% in the 2023 fiscal year, even as it posted a roughly 4% year-on-year decline in net revenue – which landed at 14.7 trillion rupiah (US$926 million).
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