Indonesia
Apple close to deal to lift Indonesian iPhone ban, minister says – report
The company has been in discussions with the government over an investment package that would lift the restrictions.
Indonesia antitrust agency fines Google $12.4M for unfair business practices – report
The agency launched an investigation into Alphabet Inc's Google in 2022 on suspicion it had abused its dominant position by requiring Indonesian app developers to use Google Play Billing, at higher rates than other payment systems, or face removal from the Google Play Store, according to the report.
Indonesia’s seaweed startup Banyu raises $1.25M seed round led by Intudo
With this round of financing, Banyu will establish a seedling cultivation laboratory and nursery and grow its farming and exporting operations.
East Ventures closes inaugural GP-led secondary transaction with Coller Capital
East Ventures, a venture capital firm in Indonesia and Southeast Asia, announced Monday that it has closed its inaugural general partner (GP)-led secondary transaction.
Indonesia’s AC Ventures to target growth equity in 2025 as new investment area [Q&A]
We talked to Helen Wong, Managing Partner at AC Ventures, to learn more about the Indonesia-headquartered venture capital firm’s achievements in 2024 and its plans and priorities in 2025. She also shared insights on the outlook for the tech ecosystem and Southeast Asia in the new year.
Indonesia plans minimum age for social media use – report
In November last year, Australia has approved a social media ban for children aged under 16, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting Big Tech.
Grab-backed Superbank mulling Jakarta IPO this year to raise up to $300M — report
The Indonesia-based company may seek a valuation of $1.5 billion to $2 billion in a potential listing.
Indonesia’s MAKA Motors debuts first locally designed electric motorcycle, MAKA Cavalry
With this launch, MAKA Motors aims to redefine the riding experience for Indonesian consumers while advancing the electric vehicle ecosystem within the region.
BDx Data Centers partners APJII to boost Indonesia’s digital infrastructure
BDx Data Centers, an Indonesia-based data center operator, has announced a data center cooperation agreement with the Association of Indonesia Internet Service Providers (APJII) that will bolster the nation’s digital ecosystem.
Indonesia’s Bythen raises $5M in seed funding led by Vector, Skystar Capital
Bythen, an Indonesia-based platform that creates ownable digital characters for virtual creators, has announced it has raised $5 million in a seed round of financing led by Vector Inc. and Skystar Capital.
