Katadata: 67 percent of Indonesia’s population not active e-commerce users

Katadata Insight Center and Evermos report has found that Offline channels are crucial for business success for local Indonesian brands, and 67 percent of Indonesia's population is not active e-commerce users.

Indonesia’s Evermos raises $39M funding led by IFC to fuel business expansion

Evermos, an Indonesia-based social commerce platform, has successfully raised $39 million in its Series C funding round. The funding is led by the International Finance Corporation (IFC) — a member of the World Bank group — and IFC Emerging Asia Fund, LP, managed by IFC Asset Management Company.

UOB Venture Management leads $30M Series B in Indonesia ‘halal’ social commerce platform Evermos

The fresh funds will be used to expand the leadership and growth teams, to enter new geographies and to deepen technology development.