55 | Bukalapak Deep Dive with Aaron Pek

<p dir="ltr">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.</p> <p dir="ltr"> </p> <p dir="ltr">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.</p> <p dir="ltr"> </p> <p dir="ltr">Super interesting and very valuable, I hope you enjoy this deep dive on Bukalapak with Aaron Pek.</p> <p dir="ltr"> </p> <p dir="ltr">For the full show notes, transcript, and links to mentioned content, check out the episode page on  <a href= "https://compoundingpodcast.com/ep55">https://compoundingpodcast.com/ep55</a> </p> <p dir="ltr"> </p> <p dir="ltr">------</p> <p dir="ltr"> </p> <p dir="ltr">Show Notes:</p> <p dir="ltr">[00:00:31] - [First question] - Bukalapak’s business model</p> <p dir="ltr">[00:03:02] - What is a Warung? </p> <p dir="ltr">[00:04:39] - What problem does Bukalapak solve, and why does this problem persist? </p> <p dir="ltr">[00:08:22] - The rise of Indonesia and what this means for Bukalapak</p> <p dir="ltr">[00:12:23] - Bukalapak’s relationship with The Salim Group</p> <p dir="ltr">[00:17:50] - Chinese tycoons and the influence on the ASEAN economy</p> <p dir="ltr">[00:22:33] - Bukalapak’s valuation and opportunity</p> <p dir="ltr">[00:26:22] - The Macroeconomic context of Indonesia with Indo-Pacific</p> <p dir="ltr">[00:32:13] - Wrapping up</p> <p dir="ltr"> </p> <p dir="ltr">------</p> <p dir="ltr"> </p> <p dir="ltr">Connect with Aaron:</p> <p dir="ltr">Subscribe to Value Investing Substack: <a href= "https://valueinvesting.substack.com/">https://valueinvesting.substack.com/</a> </p> <p dir="ltr">Connect with Aaron on LinkedIn: <a href= "https://www.linkedin.com/in/aaronpek/">https://www.linkedin.com/in/aaronpek/</a> </p> <p dir="ltr">Connect with Aaron on Twitter: <a href= "https://twitter.com/ValueInvestingZ">https://twitter.com/ValueInvestingZ</a> </p> <p dir