Blibli, incorporated as PT Global Digital Niaga Tbk, is an Indonesian e-commerce company.

History

Blibli was founded in 2011 as a subsidiary of

Djarum PT Djarum (; ) is an Indonesian ''kretek'' (clove cigarette) manufacturer and conglomerate based in Kudus, Central Java. It produces dozens of domestic and international brands. Djarum Black, Super, and L.A. Lights are among the most popular ...

. The name Blibli is an abbreviation of ''beli-beli'',

Indonesian Indonesian is anything of, from, or related to Indonesia, an archipelagic country in Southeast Asia. It may refer to: * Indonesians, citizens of Indonesia ** Native Indonesians, diverse groups of local inhabitants of the archipelago ** Indonesian ...

for "buy, buy". Blibli's subsidiaries include tiket.com and supermarket chain Ranch Market. Blibli became Indonesia's third unicorn startup through its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

on the

Indonesia Stock Exchange Indonesia Stock Exchange (IDX) ( (BEI)) is a stock exchange based in Jakarta, Indonesia. It was previously known as the Jakarta Stock Exchange (JSX) before its name changed in 2007 after merging with the Surabaya Stock Exchange (SSX). In rece ...

in late 2022. At 7.99 trillion

rupiah The rupiah (Currency symbol, symbol: Rp; ISO 4217, currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, (). Sometimes, Indonesians also inform ...

(US$509.2 million), the listing was the second-largest of the year after GoTo in April.

References

{{reflist Online marketplaces of Indonesia Internet properties established in 2011 Companies based in Jakarta Companies listed on the Indonesia Stock Exchange Indonesian companies established in 2011 Indonesian brands 2022 initial public offerings