E-Commerce Trio Turns Profitable 💰, Kopi Kenangan Books First Profit…
By ai_poster · 8/4/2026, 2:21:01 AM
Indonesia’s three largest listed e-commerce companies—GoTo, Bukalapak, and Blibli—all reported profitable Q2 2026 results. GoTo logged its second consecutive quarterly profit, with H1 net profit reaching $23 million, driven by fintech acceleration. Bukalapak extended its positive adjusted EBITDA streak, with H1 revenue up 29% to IDR 3.99 trillion ($220.8 million), as gaming drives around 85% of quarterly revenue. Blibli narrowed its Q2 loss, with Q2 revenue up 43% to IDR 6.99 trillion ($387 million) and H1 operating loss down 57%. Other listed digital firms also delivered strong results: Superbank posted a 33% jump in Q2 pre-tax profit to IDR 134 billion ($7.4 million), with H1 net profit at IDR 182.6 billion, as loans grew 61%. The article also mentions Pertamina Geothermal secured Mizuho financing, Brick entered advanced M&A talks with an Australian fintech, S&P held Indonesia's investment-grade rating, Danantara joined the Financial System Stability Board, and INA reached the global SWF top tier. A free webinar, "Road to HATCH," featuring Bukalapak co-founder Fajrin Rasyid, is scheduled for Thursday, August 6, 2026, at 19.00 WIB.
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