Indonesia e-commerce firm Bukalapak to stop selling physical goods as competition mounts


JAKARTA: Indonesian e-commerce firm Bukalapak said on Tuesday (Jan 7) that it would stop selling physical items on its marketplace soon, amid tough competition from TikTok's Tokopedia and South-East Asia's Shopee.

Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual products ranging from mobile phone credits to streaming vouchers. Customers have until Feb 9 to make last orders for certain items, Bukalapak added.

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Indonesia , Bukalapak , e-commerce , TikTok , Shopee

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