Sarah Yuniarni
Stories by Sarah Yuniarni
GOJEK faces the brunt of Indonesia’s new ride-hailing regulation
GOJEK said that the increase in tariff enforced by the government for app-based motorcycle taxis has had an adverse impact on its passenger orders.
Indonesia Digest: Tycoon backs Muslim app; Unicorns launch donation platform
Indonesian coal tycoon Garibaldi Thohir has invested in Muslim app Umma, founded by Northstar Group’s Indra Wiralaksmana.
Indonesia raises tariff rates for ride-hailing firms
The long-awaited regulation was implemented in Jakarta (Jabodetabek), Bandung (West Java), Yogyakarta, Surabaya (East Java) and Makassar (South Sulawe
East Ventures backs Indonesian robo trading platform Lubna.io
The system also helps retail investors to trade across multiple assets including cryptocurrency, forex, and commodities.
IPOs in Indonesia may gather momentum in second half this year
As many as 21 companies have lined up their IPOs this year. These include Menteng Heritage Realty, MNC Vision Networks, and Jasnita Telekomindo.
Indonesia Digest: UMG Idealab backs SelenaGo, Avnos to move HQ from SG
Online leisure and travel marketplace SelenaGO has raised an undisclosed amount in seed funding from Myanmar's UMG Idealab.
Online learning startup Coursera bags $103m Series E funding
The round was led by ASX-listed SEEK Group and joined by Future Fund and global venture capital firm New Enterprise Associates (NEA).
Indonesia’s Sicepat bags $50m in Series A funding from Barito, Kejora Intervest
The deal marks one of the largest Series A rounds recorded in the region.
Sequoia’s Surge selects 17 Asian startups for first cohort
Surge, which will invest $1.5 million in the participating companies, received applications from nearly 1,570 startups for its inaugural programme.
Singapore’s Perennial-led group sells mall to Mitsubishi-CLSA vehicle for $383m
The Perennial-led consortium includes Singapore Press Holdings and other undisclosed private investors.
