Blibli (BELI) Revenue Surges 67%, Supported by Smartphone Sales

PT Global Digital Niaga Tbk, or Blibli (BELI), recorded improved financial performance throughout the first quarter of 2026. The growth was supported by a surge in revenue and continuously improving operational efficiency.

The omnichannel trading and lifestyle ecosystem issuer booked consolidated net revenue of Rp 7.84 trillion in the first three months of 2026. This figure rose 67% compared to the same period last year, which stood at Rp 4.69 trillion.

The growth was supported by improved performance across all business segments, particularly the institutional and physical store segments. Smartphone sales became one of the main drivers.

The company also recorded an increase in take rate from 9% in the first quarter of 2025 to 9.9% in the first quarter of 2026.

This increase was driven by higher monetisation in the 1P retail and institutional segments. This condition aligns with the 21% annual growth in Gross Profit Before Discount (GPBD).

This efficiency drove an increase in consolidated EBITDA against TPV by 200 basis points annually.

Blibli also expanded ecosystem integration by introducing the Blibli Affiliate feature on tiket.com. This step is aimed at increasing the number of users transacting within the company’s ecosystem.

The company added 35 new stores throughout the first quarter of 2026. As of the end of March 2026, Blibli operates 295 consumer electronics stores, nine household electronics stores, and one fashion and sports store.

In addition, the company manages 58 premium supermarket outlets and 37 home and living experience centres.

Chief Executive Officer (CEO) and Co-Founder of Blibli, Kusumo Martanto, said the company started 2026 with positive trends.

“We started 2026 with solid momentum, continuing the positive trends from the previous quarter. Our first quarter results reflect the continuation of our strategy execution, which resulted in strong double-digit revenue growth as well as further increases in take rate and overall margins,” said Kusumo in his statement on Thursday (7/5/2026).

The trading segment is said to remain the main pillar of the company’s growth. Demand in various product categories remains strong, particularly for products with higher margins.

“Our omnichannel strategy continues to grow across various categories, while the institutional business and physical stores are developing with better quality and scale,” he said.