I value only 200k per store, these creador is in business of selling business, so they're really going to cook the book for ipo hahaha after the listing only 100 stores will be operational hahaha
The model of Mr. DIY is doing not even 7Eleven can compete in term of coverage and business longevity, the only business model that can leap toward greater reach and sustainable for all level of peoples in every corner of the map where there are human living community. They are online and offline model , so don't value them in old thinking of kedai runcit. they are selling all kind of stuff that can make profit. I believe sought east asia no one can compete these range of product. They are robust simply because the network and logistics that they build is ready to serve. supply chain is fantastic can act as a small gudang. This company can be the next giant in term of retails businesses and essential spot for outskied and sub urban. Indonesia 2017-2020 opened 102 outlet, Time will tell.
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apolloang
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Posted by apolloang > 2019-01-04 20:57 | Report Abuse
500 stores only worth 10 bil? 1 store= 20 mil?