Hong Kong fintech WeLab will buy a controlling stake in Indonesian commercial lender PT Bank Jasa Jakarta and launch a digital bank in Indonesia.
Insurer NTUC Income is expanding its operations to Indonesia, Vietnam and Malaysia through strategic partnerships with leading insurance companies.
Covid-19 pandemic turned out to be a boon for e-commerce in Southeast Asia. Indonesia online grocery market expand from 0.3% to 0.5% in 2022.
Startups in Indonesia, along with micro, small, and medium enterprises (MSMEs) form the backbone of the business landscape in Southeast Asia’s (SEA).
Indonesia’s ride-hailing and payments giant Gojek agreed to combine with e-commerce pioneer PT Tokopedia to create the largest internet company.
Indonesian e-commerce honcho Bukalapak has raised US$234 million in a fresh funding round led by Microsoft. Bukalapak is planning to list in Indonesia
Financial technology, or fintech participate in Indonesia for digital economy using features like e-wallets and contactless payment services.
China announced it has signed a memorandum of understanding (MoU) with Indonesia on internet-security capacity building and tech cooperation.
The latest report indicates that Indonesia’s ride-hailing pioneer Gojek is already in late-stage talks to merge with Tokopedia.
Ride-hailing and food delivery firms Grab & Gojek say they will kick off indonesian protests across the country if merger talks between the firms proceed.