Sarah Yuniarni
Stories by Sarah Yuniarni
Online retailers in Indonesia record bumper sales in Ramadan
Top online retailers including Tokopedia, Bukalapak and Shopee saw a significant jump in their revenues during the festive month of Ramadan.
Indonesia’s DMS Propertindo seeks to raise up to $13m in July IPO
The company plans to sell 933 million shares, equivalent to 7.8 per cent of its enlarged capital, in the IPO.
Indonesia digest: Traveloka rolls out Xperience; Grab trials cancellation fee in two cities
Grab implement cancellation fee trials in two Indonesian cities
Grab Ventures preparing for GVV’s third batch, eyes startups aligned to core biz
The company recently selected 10 startups for the second batch of GVV, with seven of them from Indonesia.
Indonesia’s EV Hive rebrands as CoHive, raises $13.5m in Series B round
CoHive has also unveiled new offerings CoLiving (living spaces), CoRetail (new retail), and CoHive Event Space (events).
Two Indonesian firms to hit public markets in July, seek to raise up to $32m in total
Packaging company Satyamitra Kemas Lestari and fintech firm Hensel Davest are planning to conduct their IPOs in July.
Real estate marketplace Fang.com completes spin-off of China Index Holdings
Following the separation, CIH will now focus on serving China's commercial property sector.
Indonesia Digest: GOJEK partners DBS Bank; Traveloka rolls out new lifestyle feature
GOJEK has partnered with SE Asia’s largest lender DBS Bank to ease payments system for passengers.
Indonesia to put a cap on discounts offered by ride hailing giants
Indonesia to set minimum discount tariff cap for Grab, GOJEK.
GK-Plug and Play Indonesia, Mistletoe, Pandan join Funderbeam Series A round
Funderbeam is a global funding and trading platform, which hosts startups and SMEs.