Indonesia News

GoTo is Determined to Raise US$1.25 Billion in Indonesia IPO

Following Bukalapak's IPO last year, GoTo is Indonesia's second unicorn to be public listed

Nurul IzzahMar 15, 2022

Malaysia Loses Out in Foreign Investors to Indonesia

Greater political stability and clear-cut policies give Indonesia’s digital economy a boost

Carl AdrianFeb 21, 2022

Indonesian Health Startup Sirka secured US$2.6 Million in Funding

The startup helps users with weight loss and lifestyle issues in combating Indonesia's rising obesity rate

Wilson TwoonFeb 07, 2022

Grab & Singtel to Pursue Banking Opportunities in Indonesia; Acquire Minority Stakes in Local Bank

Sale of Bank Fama's shares is to accelerate and expand business growth

Teckwai SawJan 25, 2022

B2B Wholesale Platform Dropee Secures US$7 Million in Series A Round

The Malaysia-based startup aims to further strengthen their position in both Indonesia and Malaysia

Teckwai SawJan 21, 2022

Indonesia-based Fintech App Pluang Raised Another US$55 Million

Pluang aims to further expand its asset classes and extend its services to other regions

Teckwai SawJan 13, 2022

Indonesia’s Growth in Cloud Computing Attracts Big Tech Companies

Likes of Amazon, Google and Tencent setting foot in Indonesia's market

Vrisha PhrabhakaranJan 11, 2022

AirAsia Food is launching in Indonesia early 2022; wants to capture growing food delivery market

Early Indonesian merchants will benefit greatly from competitive rates and exposure

Teckwai SawDec 24, 2021

Gojek and Tokopedia merged as GoTo; just raised $1.3 billion in pre-IPO funding

GoTo aims to solidify its position as a market leader in Indonesia, and expand outwards

Carl AdrianNov 11, 2021

Grab now owns 90% of Indonesia's OVO; buys out existing shareholders to gain control

OVO is currently one of the most popular digital wallets in Indonesia, with a 38% market share.

Carl AdrianOct 04, 2021

ShopeeFood is now in Malaysia; launching on 24th September with free deliveries

ShopeeFood is now in Malaysia, Vietnam, and Indonesia

Alfred LeeSep 23, 2021

Indonesia-based payments startup Xendit now worth over $1 billion since launch in 2014

Xendit aims to become the Stripe of Southeast Asia and more.

Carl AdrianSep 15, 2021

Bukalapak started out to help Indonesians sell online; today it is worth over $7.5 billion after IPO

Bukalapak was founded back in 2010 to enable small and medium enterprises go online in Indonesia

Alfred LeeAug 08, 2021

Wild Digital Indonesia 2021 tech conference now open for registration

Wild Digital Indonesia 2021 will be held in tangent with Wild Digital Southeast Asia 2021

Wallace HoJul 29, 2021

Grab raises more money to conquer Indonesia; this round its $375 million by Emtek Group

The new partnership will focus on digitalisation efforts in Indonesia.

Alfred LeeJul 27, 2021

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