SAPA # 1010: Digital start-up companies are known to “burn money” to get a crowding effect in the market by investing funds from an invetment company through the issuance of new shares. Although not to such extreme, in getting the position of crowding effect, Alfamart do something similar. Poured huge investment funds at the cost of making small profits. The big investment is a mirror of management optimism. Sarapan Pagi Presented by SNF Consulting https://t.me/dailymanagementupdate – at SNF Consulting.
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