JAKARTA - PT Global Digital Niaga Tbk (BELI), one of the e-commerce platform - Blibli, will
use the proceeds from the initial public offering (IPO) of Rp 2.5 trillion to pay revolving loans.
Hendry, Chief Financial Officer and Co-Founder of Blibli, said that in addition to repaying the
loan, the company also used the IPO proceeds for working capital and capital for its subsidiary,
Tiket.com. & For working capital, we use it to support the activities of the company and
subsidiaries,& he said.
In addition, his party also focuses on synergies in the business ecosystem that has been
established since the acquisition of Tiket.com in 2017 and the retail company, Ranch Market,
which the acquisition was complete by the end of 2021. (LK/W)