stocks
Bukalapak (BUKA) Ends E-Commerce Services, Final Transactions by 09 Feb-25
Company
NILAI TUKAR RUPIAH MELEMAH TERHADAP DOLAR AS
Published On
08 January 2025 - 10.21am
Latest update: 19-08-2025, 02:10
Bukalapak (BUKA) Ends E-Commerce Services, Final Transactions by 09 Feb-25
BUKA has officially ended its e-commerce services as of 07 Jan-25, but users can still purchase select physical products until 09 Feb 25. The Co is shifting its focus entirely to virtual product sales, including prepaid credit, utility tokens, and digital vouchers. To support the transition, BUKA is providing refund schemes and transaction data downloads for users and sellers. Ant Financial's API (Hong Kong) Investment Limited sold its stake, while PT Elang Mahkota Teknologi Tbk (EMTK) now holds a 10.36% ownership. (Bisnis.com)
INDUSTRY
BCAS: Poultry Dec Prices Update
- In Dec-24, Broiler price slightly decreased to IDR19.8k/kg (-1.6% MoM, +13.7% YoY), still above COGS level .
- Similarly, DOC prices also decreased to IDR5.7k/bird (-17.1% MoM, +226.3% YoY). - FY24 Broiler and DOC avg. prices is at IDR19.8k (+2.2% YoY) and IDR5.9k (+27.9% YoY).
- 1st week of Jan-25 prices showed Broiler prices at IDR20.5k/kg, higher than avg Dec.
- Lebaran-driven demand has historically catalyzed higher poultry prices, a trend we see sustaining into 1Q25, supporting our optimistic pricing outlook.
- Maintain OW on the sector with JPFA > CPIN as our picks.