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Indonesia’s first unicorn, ride-hailing startup Gojek has merged with Tokopedia to compete against regional giants Grab and Sea Group to develop the best super-app.
Indonesia’s first unicorn, ride-hailing startup Gojek has merged with Tokopedia to compete against regional giants Grab and Sea Group to develop the best super-app.
QRIS: Will the new QR code standard rewrite Indonesia’s e-payments scene?
Enabling interoperability, the QRIS seeks to level the playing field until now dominated by GoPay and OVO – disruption that could go beyond the e-wallets scene
E-wallet unicorn OVO’s future in question amid Lippo's divestment, talk of DANA merger
As even the conglomerate giant feels the pain of OVO's aggressive cash-burning, should digital payments players rethink their strategy to gain market share, beyond the usual discounts and subsidies?
A new unicorn rises as OVO's $1bn valuation confirmed
The Lippo Group subsidiary continues to grow in strength as it battles for market share with Gojek’s e-wallet and others
Gojek and Tokopedia merge to form GoTo
The new entity, now Indonesia’s largest tech group, plans to go public in Indonesia and the US, targeting a $40bn valuation
Gojek acquires Indonesian POS startup Moka, gains greater share of SME fintech market
Deal reportedly worth $120m will add Moka's network of over 30,000 merchants to Gojek's reach
With universal QR code, Indonesia achieves e-payment harmony
The move to standardize Indonesia's QR code is expected to unify the country's cashless payments system and lift tens of thousands of small merchants into the payments mainstream
Indonesian state enterprises launch e-wallet LinkAja, competing with Go-Pay and OVO
Even with a wider range of services and extensive state backing, LinkAja faces a tough battle
Indonesian unicorn Traveloka aims for US listing via SPAC
The online travel aggregator reported revenue drops and layoffs in 2020 but became profitable late last year, led by recoveries in Vietnam and Thailand
E-wallet LinkAja gets access to Indonesia's Civil Registry for user data checks
Move allows more than 2,000 public and private entities to verify user data against government records, but the public has raised privacy and security concerns
Sonic Boom: Using sound wave technology to understand shopper behaviour
Sonic Boom's solution, which enables data to be captured from mobile devices without needing an internet connection, is eyeing Indonesia's huge retail market
Get fit and healthy with these Indonesian wellness startups
The wellness lifestyle trend continues to grow in popularity in Indonesia, and startups want a piece of the action
Indonesian esports team RRQ dreams of being "the king of kings"
The Jakarta team is growing its brand with collaborations and its academy, expects more esports interest amid Covid-19 home confinements
UPDATE: Indonesian mPOS startup Cashlez raises IDR 85bn from IPO in May
Cashlez is the first fintech company to list on the Indonesia Stock Exchange; will spend over 60% of proceeds to acquire payments company in toll road market
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