Indonesian e-commerce firm Blibli to acquire 51% stake in grocery chain SBL

Indonesian e-commerce firm Blibli to acquire 51% stake in grocery chain SBL

Photographer: David Paul Morris /Bloomberg

Indonesian e-commerce platform Blibli.com, a subsidiary of local conglomerate Djarum Group, has signed an agreement to acquire a majority stake in grocery store chain PT Supra Boga Lestari Tbk (SBL).