Indonesia
Patrick Walujo commits to staying as Indonesia’s GoTo CEO until 2029
As CEO, Patrick will focus on driving GoTo towards long term profitable growth and GoTo’s Board of Commissioners has approved a performance-based retention package as part of his employment arrangement.
January 6, 2025
Indonesia’s Soul Parking raises Series A funding co-led by AppWorks and AC Ventures to fuel growth
Soul Parking, an Indonesia-based parking management service provider, has announced the completion of a Series A extension round of financing co-led by AppWorks and AC Ventures.
January 6, 2025
Creador acquires majority stake in Indonesian hospitality marketplace MG Group
Creador, a Malaysia-based pvate equity firm, has on Thursday announced the acquisition of a controlling stake in MG Group, an Indonesia-based business to business (B2B) hospitality marketplace, from Northstar and other shareholders.
January 3, 2025
News,eCommerce,FinTech,Indonesia
Maybank positive on Indonesia’s new economy
Maybank Investment Bank has on Friday maintained a positive view of the new economy in Indonesia as it sees the sector is moving on the right path.
January 3, 2025
Bank Jago and Google Cloud team up to boost growth in Indonesia
PT Bank Jago Tbk, a tech-based bank in Indonesia, and Google Cloud have on Wednesday announced a new, multi-year strategic collaboration to supercharge the bank’s future innovation strategy.
December 18, 2024
Indonesia,Analysis,Electric Vehicles & Mobility
Maybank sees VinFast Indonesia faces intense competition across BEV segment
Maybank Investment Bank said Tuesday that it sees VinFast Indonesia faces intense competition across battery electric vehicles (BEV) segment in Indonesia due to its relatively weak brand recognition.
December 17, 2024
Temasek-backed Indonesian unicorn eFishery suspends founders, appoints interim CEO, CFO – report
In July last year, eFishery announced it has raised $200 million in its Series D funding round. The round was led by Abu Dhabi-based global fund manager 42XFund and backed by Malaysia’s largest public sector pension fund, Kumpulan Wang Persaraan (Diperbadankan) (KWAP), Switzerland-based asset manager responsAbility, early investor multi-stage venture…
December 16, 2024
TNGlobal Q&A and Interviews,Singapore,InsurTech,SEA,Indonesia
Xiaomi-backed Indonesian insurtech firm PasarPolis to launch in Singapore soon [Q&A]
In the interview with TNGlobal, Van Zyl shared the importance of the partnership with GoTo, the company’s plans and strategy expanding in Southeast Asia. He also shared PasarPolis' competitive edge against other insurtech firms and traditional insurance companies, among others.
December 12, 2024
News,Blockchain / Crypto,Investments,FinTech,Indonesia
GORO becomes first participant in Indonesia’s Regulatory Sandbox for property tokenization
GORO’s admission into the OJK Regulatory Sandbox is a pivotal step forward, showcasing its business model’s compliance with Indonesia’s highest regulatory standards. With less than 10 percent of 275 million Indonesians participating in investments, GORO aims to democratize property investment, empowering tens of millions to enter the market.
December 5, 2024