Feb 15, 2023
In this conversation, we cover the business of Bukalapak, who they are, their valuation, and interestingly, the role of the Salim group in both Bukalapak and the wider ASEAN economy.
Joining me to discuss and dive deep into Bukalapak’s business is Aaron Pek, the author of Value Investing Substack, and not surprisingly, a Value Investor in ASEAN.
Super interesting and very valuable, I hope you enjoy this deep dive on Bukalapak with Aaron Pek.
For the full show notes, transcript, and links to mentioned content, check out the episode page on https://compoundingpodcast.com/ep55
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Show Notes:
[00:00:31] - [First question] - Bukalapak’s business model
[00:03:02] - What is a Warung?
[00:04:39] - What problem does Bukalapak solve, and why does this problem persist?
[00:08:22] - The rise of Indonesia and what this means for Bukalapak
[00:12:23] - Bukalapak’s relationship with The Salim Group
[00:17:50] - Chinese tycoons and the influence on the ASEAN economy
[00:22:33] - Bukalapak’s valuation and opportunity
[00:26:22] - The Macroeconomic context of Indonesia with Indo-Pacific
[00:32:13] - Wrapping up
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Connect with Aaron:
Subscribe to Value Investing Substack: https://valueinvesting.substack.com/
Connect with Aaron on LinkedIn: https://www.linkedin.com/in/aaronpek/
Connect with Aaron on Twitter: https://twitter.com/ValueInvestingZ
Aaron’s previous Interview on Compounding Curiosity: https://compoundingpodcast.com/ep7/
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Mentioned/Recommended Content:
BUKALAPAK 2077: The Future Pinduoduo of ASEAN's China (Part 1): https://valueinvesting.substack.com/p/bukalapak1
BUKALAPAK: Retail Empire of the Overseas Chinese (Part 2): https://valueinvesting.substack.com/p/bukalapak2
BUKALAPAK x SALIM: Planning for Indo-Pacific Domination (+China!): https://valueinvesting.substack.com/p/bukalapak3
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