Indonesia's Djarum Group buys stake worth $145m in Blibli

Indonesia's Djarum Group buys stake worth $145m in Blibli

Photo courtesy of Blibli

Djarum Group, through its entity PT Lingkarmulia Indah, plans to buy a stake worth 2.25 trillion rupiah ($145 million) in the e-commerce company PT Global Digital Niaga Tbk (Blibli Group) through a private placement.

Edited by: Pramod Mathew