Amazon Web Service (AWS) and Qualcomm have met Indonesia’s Minister of Communication and Information Technology Johnny G. Plate to convey their interest in investing in Indonesia.
According to CPA Australia’s eighth annual Asia-Pacific Small Business Survey, nearly 3,000 small business operators in Malaysia, Vietnam, Indonesia, Hong Kong, Singapore, Australia, New Zealand and China are experiencing positive business conditions, with many adding jobs and investing in technology.
East Ventures is back at it again with another new fund to invest in early-stage companies in Indonesia, Southeast Asia’s largest economy and the world’s fourth most populous country.
Strategic investors are operating businesses, typically in the same industry as the startups they are investing in. Therefore, they are often competitors (or could be customers) and likely a potential acquirer of that company.