Indonesia

Alpha JWC raises stake in Indonesia’s Kopi Kenangan in ongoing funding round

Alpha JWC, an early backer of Indonesian coffee chain Kopi Kenangan, has increased its stake in the company as part of an ongoing funding round, alongside founder Edward Tirtanata and existing investors.

UnionPay says ASEAN QR acceptance network now covers over 38M merchants

UnionPay says its acceptance network now spans all ten ASEAN countries and more than 38 million QR merchants as it expands cross-border payment links across the region.

Singapore’s BDx breaks ground on 640 MW AI data-center in Indonesia’s West Java

Data-center operator BDx has broken ground on a 640-MW AI data-center campus in West Java, Indonesia, backed by 845 MVA of grid power secured from the state utility.

LG Sinar Mas COO Ariawan on Indonesia’s AI infrastructure bottlenecks [Q&A]

LG Sinar Mas Director and COO Ariawan discusses power, cooling, data readiness, hybrid infrastructure and other bottlenecks shaping enterprise AI in Indonesia.

Japan’s SBI takes 20% stake in Indonesia’s multi-asset investment platform Ajaib

Japan's SBI Holdings has acquired, through a subsidiary, a 20 percent stake in Ajaib Group, an Indonesian online multi-asset investment platform, making the Jakarta-based company an equity-method affiliate.

Fingers interacting with a stock market graph on a tablet

Can wealthtech use gamification to encourage patience rather than trading?

Recompound Co-Founder Toby Limanto argues that wealthtech should measure whether digital engagement encourages disciplined investing, not simply more app activity or trading.

Cover graphic for Adjust's Shopping App Insights Report 2026

Adjust data puts Southeast Asia among the fastest-growing shopping app markets

Adjust's 2026 Shopping App Insights report shows strong app-install and session growth in Singapore, Indonesia, Vietnam, and other Southeast Asian markets.

AppsFlyer finds APAC app installs and monetization increasingly moving in different directions

AppsFlyer’s APAC marketing report finds installs, long-term retention and paying-user behavior increasingly diverging across app categories and markets.

Vietnam’s EV maker VinFast, Indonesia’s Gowa Motor to form joint venture for 30 EV showrooms

Electric-vehicle (EV) maker VinFast, under Vietnamese conglomerate Vingroup; and Gowa Motor Group, an Indonesian automotive group, will form a joint venture to develop VinFast's dealership network in Indonesia, targeting at least 30 showrooms and service centers.

Indonesia opens first university-based AI research center at UGM with NVIDIA, Indosat

Indosat Ooredoo Hutchison, NVIDIA, Universitas Gadjah Mada (UGM), and the Ministry of Communication and Digital Affairs have launched the UGM Indosat NVIDIA AI Technology Center (NVAITC), Indonesia's first university-based AI technology center.