Tag: #business & technology

Technology
Xendit Raises $64.6 Million Series B
Led by Accel, the investment will be used to scale Xendit's digital payment infrastructure and empower businesses across Southeast Asia.
MP
Marella Putri 1 month ago . 1 min read
Companies
Investment in Digital Sees Indosat Ooredoo Building Growth Momentum
Indosat Ooredoo ended the year with building momentum for 2021. In the fourth quarter of 2020, the company recorded Rp 6.1 trillion in cellular revenue.
SA
Special Advertising Section 1 month ago . 3 min read
Entrepreneurs
Perfect Ingredients
Celebrity chef Arnold Poernomo is building entrepreneurship in the country’s F&B industry.
MP
Marella Putri 2 months ago . 5 min read
Companies
Digital Mastery
The COVID-19 has fundamentally changed PT Telkom Indonesia to be a digital telecommunication company.
MP
Marella Putri 3 months ago . 4 min read
Companies
Solid Growth
Since appointed as President Director and CEO last year, Ahmad Abdulaziz A A Al-Neama has successfully led Indosat Ooredoo to achieve solid growth in financial performance and bring in innovations to customers despite the challenging situations.
SA
Special Advertising Section 5 months ago . 3 min read
Technology
Golden Opportunity
Ivan Lingga expands his family jewelry business with Whizliz.
MP
Marella Putri 6 months ago . 5 min read
Technology
Why We’re Overhauling Indonesia's SOEs with New Tech
Digitizing Indonesia’s SOEs was already Telkom’s internal vision. Here’s how a state-owned digital ecosystem will bring handsome returns to investors and economic stability to the nation.
CS
Columnist Section 7 months ago . 7 min read
Business
Lessons from China: Social Commerce as the Next Black Horse in Southeast Asia?
Can we replicate Pinduoduo's success in overseas markets, particularly in Southeast Asia?
CS
Columnist Section 7 months ago . 5 min read
Technology
PasarPolis Closed Southeast Asia’s Largest Insurtech Series B Funding at $54 Million
PasarPolis will use the fund to advance its AI technology and expand deeper penetration in its three operating markets-Indonesia, Thailand, and VIietnam.
MP
Marella Putri 7 months ago . 2 min read
Technology
Moving Logistics
Kargo aims to improve logistics efficiency by digitizing Indonesia’s freight logistics industry
MP
Marella Putri 7 months ago . 6 min read
Companies
Best of the Best: Metrodata Electronics
Towards the end of 2019, then communications and information minister Rudiantara stated that the country's spending on ICT accounted for
RY
Robert Yota 7 months ago . 6 min read
Companies
Best of the Best: Sarana Menara Nusantara
While many sectors are severely affected by the pandemic, Sarana Menara Nusantara booked its most significant quarterly revenue growth in recent years. In the time of physical distancing measure, the telecommunications sector still has a strong demand.
EV
Elisa Valenta 7 months ago . 5 min read
Business
Bank Indonesia releases new banknotes to celebrate 75th Independence Day
For the first time in history, Bank Indonesia issued Rp75,000 banknotes to commemorate the 75th anniversary of the Indonesian Independence Day.
EV
Elisa Valenta 8 months ago . 1 min read
Technology
Agritech eFishery Closed Series B Funding , Co-led by Northstar Group and Go-Ventures
eFishery will use the fund to strengthen product development, expand across Indonesia, and grow the team.
MP
Marella Putri 8 months ago . 3 min read
Technology
Movie on the Go
Gojek bid on the OTT business with its GoPlay, yet CEO Edy Sulistyo also sees it as a momentum to revive the Indonesian movie industry.
MP
Marella Putri 8 months ago . 7 min read
Technology
Wahyoo Bagged $5 Million Series A to Help Indonesia's Small Eateries
The tech startup aims to accelerate its expansion and hire new employees with the injection led by Intudo Ventures.
MP
Marella Putri 8 months ago . 1 min read
Companies
MAP Covered Losses from Mall Closures with Online Sales
During the first half of 2020, MAP online sales grew almost 400%, from retailers, supermarket, and F&B brands.
MP
Marella Putri 8 months ago . 1 min read
Companies
AKR Corporindo Maintained Growth Momentum in H1-2020
The falling of crude oil price and the COVID-19 pandemic didn’t have much impact on PT AKR Corporindo which booked a 10.44% YoY increase in net profit.
MP
Marella Putri 8 months ago . 1 min read
Entrepreneurs
Small Spaces, Big Potential
Pod hotel Bobobox is one step ahead in changing the game of budget hospitality industry.
MP
Marella Putri 9 months ago . 5 min read
Technology
Mapping Opportunities
Bvarta’s location intelligence service helps companies to better navigate business.
MP
Marella Putri 9 months ago . 6 min read
Technology
BukuWarung Raised Pre-series A Led by Quona Capital
The fresh fund, combined with its undisclosed amount of seed funding led by East Ventures in April, is said to have brought its total funding to eight figures.
MP
Marella Putri 9 months ago . 2 min read
Companies
Alibaba Cloud, Medico.id, and doctorSHARE Collaborate to Provide Accessible Healthcare Information
The three companies aim to provide rural residents in Indonesia with access to healthcare information especially related to the COVID-19 pandemic, for free to patients visiting doctorSHARE's Nusa Waluya II Floating Hospital.
MP
Marella Putri 9 months ago . 1 min read
Technology
Fintech Startup Payfazz Bagged $53 million Series B
Led by B Capital and Insignia Ventures Partners, the new fund will support Payfazz in strengthening its network in Indonesia’s rural economy and exploring opportunities in expanding across Southeast Asia.
MP
Marella Putri 9 months ago . 1 min read
Companies
East Ventures Announced First Close of Latest Seed Fund
The fund aims to raise a total of $88 million to help Southeast Asian digital companies emerging in the post-lockdown aftermath of the COVID-19 pandemic.
MP
Marella Putri 9 months ago . 2 min read
Companies
BRI Ventures Launched New Venture Fund Sembrani Nusantara
It is aiming at Rp 300 billion first close, focusing on backing local tech startups in education, agro-maritime, retail, transportation, and healthcare sectors.
MP
Marella Putri 9 months ago . 2 min read
Technology
IDN Media Launched OOH Media Platform IDN Programmatic Out-of-Home
IDN POOH aims to solve the challenges found on traditional OOH advertising
MP
Marella Putri 9 months ago . 1 min read
Technology
Digital Grocery
Amid the coronavirus pandemic, online grocery platform TaniHub aims a robust sales growth.
MP
Marella Putri 9 months ago . 5 min read
Companies
Expanding Coverage
State-owned pharmaceutical Indofarma is expanding its business to medical equipment to batle the pandemic.
EV
Elisa Valenta 10 months ago . 2 min read
Entrepreneurs
Collective Effort
Mesty Ariotedjo’s crowdfunding platfom helps the unprivileged to access healthcare services.
EV
Elisa Valenta 10 months ago . 3 min read
Technology
Furniture Ecommerce Fabelio Raised $9 Million in Ongoing Series C Funding
Bringing Fabelio's total funding to $20 million, this round aims to accelerate the development of Fabelio's supply chain network of logistics hubs and experience centers.
MP
Marella Putri 10 months ago . 1 min read
Entrepreneurs
Talent Finder
As demand soared, GeekHunter helps companies to win the tech talent hunt.
MP
Marella Putri 10 months ago . 5 min read
Business
Pandemic Highlights Momentum for Food Delivery Business
Food delivery has played an essential role in helping people to stay at home safely during the COVID-19 pandemic.
EV
Elisa Valenta 10 months ago . 3 min read
Technology
Gojek's Video-on-demand Closed First Funding Round
GoPlay will be using the capital injection to develop its technology to serve both filmmakers and audiences better in making and gaining high-quality local film and series.
MP
Marella Putri 10 months ago . 1 min read
Technology
Facebook and PayPal Invest in Gojek
Facebook will have its instant messaging app WhatsApp to work with Gojek, and PayPal will have its payment system integrated with GoPay.
MP
Marella Putri 10 months ago . 1 min read
Companies
Mark Dynamics Booked 9.94% Sales Growth in 1Q-2020, Aims to Capitalize on Subsiding Lockdown
MARK's positive performance in the first quarter of 2020 was mainly driven by a demand boost in medical latex gloves amid the ongoing COVID-19 pandemic.
MP
Marella Putri 10 months ago . 2 min read
Technology
Big data analytics Bonza secured seed funding from East Ventures
As a response to COVID-19 pandemic, Bonza uses a math algorithm to project COVID-19 Effective Reproduction Numbers (Rt), which measures the virus’ rate of spread in each Indonesia province to support government policies.
MP
Marella Putri 10 months ago . 1 min read
Companies
BCA booked Rp 6.6 trillion net profit in 1Q-2020
The surge of 8.6% YoY was attributed to loan and operational income growths.
MP
Marella Putri 10 months ago . 1 min read
Insights
Digital tax in Indonesia to be effective starting July
The Ministry of Finance has decided that 10% VAT will be imposed on digital products such as music streaming & film subscription, games, and online services coming from abroad - in order to create a level playing field to all business players.
MP
Marella Putri 10 months ago . 2 min read
Companies
ACES continues expansion amid pandemic, intensifies online sales
Analyst estimates that ACES’ sales and gross profit margin for the remainder of 2020 to decline due to lower demand for home improvement products during the pandemic
MP
Marella Putri 10 months ago . 1 min read
Companies
Chandra Asri secured $70 million loans from Permata Bank
The loan facility will be utilized to support the operational needs, capital expenditure, and refinancing requirements of PT Chandra Asri Petrochemical
MP
Marella Putri 11 months ago . 1 min read
Companies
Citibank's net profit jumped by 20.43% YoY despite market turmoil
The increase was driven by loan disbursement and non-interest income growths from derivative forex transactions
MP
Marella Putri 11 months ago . 1 min read
Companies
Bakrie Group and Air Products to build methanol production facility
They had signed an agreement to build a coal-to methanol production facility in Bengalon, East Kalimantan, and are committed to taking the methanol production off to sell in Indonesia by 2024
MP
Marella Putri 11 months ago . 1 min read
Technology
Pintek raised funding from Accion Venture Lab to help schools impacted by COVID-19
An extension to its pre-series A round was led by Accion Venture Lab, and will be used to expand its technology and platform to to help underserved students and schools impacted by COVID-19 pandemic
MP
Marella Putri 11 months ago . 3 min read
Forbes Life
Passionate Fusion
Hublot’s Big Bang MP-11 Red Magic is as striking as it could be in presenting the Swiss luxury watchmaker’s Art of Fusion
MP
Marella Putri 11 months ago . 1 min read
Companies
Semen Indonesia Group maintained growth in 1Q
Next to increasing exports, the improvements were mainly driven by the synergy and efficiency initiatives SMGR has undertaken since 2018.
MP
Marella Putri 11 months ago . 2 min read