Indonesia

Indonesia’s Gojek Buys Minority Stake In Blue Bird Taxi App

Indonesia’s Gojek Buys Minority Stake In Blue Bird Taxi App
Indonesia’s Gojek Buys Minority Stake In Blue Bird Taxi App
February 17, 2020  |  Partnerships

Indonesian delivery app Gojek has finalized its $30 million deal for a minority stake in the app-based taxicab startup Blue Bird, Bloomberg reported on Monday (Feb....

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Alipay’s Indonesia Operations Delayed By Red Tape
Alipay’s Indonesia Operations Delayed By Red Tape
January 29, 2020  |  Cross-border Payments

Indonesia’s central bank, Bank Indonesia (BI), has asked Chinese firm Alipay to review its payment services application. Officials in Indonesia’s House of Representatives confirmed the...

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SoftBank Could Invest $40B In New Indonesian Capital
SoftBank Could Invest $40B In New Indonesian Capital
January 17, 2020  |  Investments

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create...

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SoftBank To Invest In Indonesia’s Sustainable City
SoftBank To Invest In Indonesia’s Sustainable City
January 10, 2020  |  Investments

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on...

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Top News In Payments: JPMorgan Blocks FinTechs From Passwords; Ant, Razer Join Rally For Singapore eBank Licenses
Top News In Payments: JPMorgan Blocks FinTechs From Passwords; Ant, Razer Join Rally For Singapore...
January 02, 2020  |  News

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one...

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Indonesia Likely To Implement Flat Rates For Digital Wallet Payments
Indonesia Likely To Implement Flat Rates For Digital Wallet Payments
January 01, 2020  |  B2B Payments

Indonesia is planning to implement flat-rate fees for certain digital wallet transactions, Reuters reported on Monday (Dec. 30), citing five sources. Get the Full Story...

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Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
December 23, 2019  |  Cross-border Payments

Indonesia has announced it’s going to reduce the threshold for taxing imported eCommerce consumer goods from $75 to $3, to help control the purchases of...

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Gojek To Take Strategic Stake In Blue Bird Taxicab Company
Gojek To Take Strategic Stake In Blue Bird Taxicab Company
December 16, 2019  |  Partnerships

Indonesian delivery app Gojek has announced it will buy 5 percent of taxicab company Blue Bird, in an effort to stay competitive with rivals like...

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