Business
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Indonesian startups in momentum for 2019
Today, Indonesia is home to four unicorns – Go Jek, Tokopedia, Traveloka, and Bukalapak – and thousands of startups. The potential for growth in the country’s digital industry has made it attractive to both investors…
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Southeast Asia to have 10 more unicorns by 2024, says Bain & Company
Southeast Asia is expected to produce at least 10 new unicorns by 2024, according to a report released by Bain & Company. This is given the region’s investment growth as an important catalyst amidst a…
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Tokopedia rides O2O commerce tide with Mitra Tokopedia
Since Matahari Mall has entered the market with its Online-to-Offline (O2O) concept, the adoption of the service has been taken up by various players in Indonesia’s ecommerce industry. Indonesian online marketplace firm Tokopedia has also…
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Grab vs. Go-Jek: The Battle for Ride-hailing Market Domination
The fight for domination in the ride-hailing market is heating up as ride-hailing giants Singapore’s Grab and Indonesia’s Go-Jek are forging new financial services alliance. With Go-Jek’s Singapore entry closing in, the Indonesian ride-hailing giant…
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Thai ICO Unicorn Omise secures investment from Global Brain
Omise lands the Japanese investment to bolster its blockchain Stripe alternative