Indonesia

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.

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.

As we usher into 2025, hoping for a better year, here are Southeast Asia’s top 10 tech news in 2024.

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.

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.

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…

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.

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.

BDx Indonesia, a joint venture between Indosat Ooredoo Hutchison (Indosat), Lintasarta, and BDx Data Centers (BDx), has recently launched an artificial intelligence (AI) data center park in Indonesia.

Maybank Investment Bank has revised up Indonesian tech platform GoTo Gojek Tokopedia FY25/26 revenue forecasts by 17 percent/ 15 percent, after the firm's first nine months revenue beat its forecast.