Indonesia

Alibaba Tops Wall Street Views; To Invest In PT Tokopedia
Alibaba Tops Wall Street Views; To Invest In PT Tokopedia
August 18, 2017  |  eCommerce

Alibaba, the Chinese eCommerce giant, reported fiscal first quarter results that surpassed Wall Street’s expectations. Earlier Thursday (Aug. 17) the company announced news that its...

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Indonesian FinTech Launches App For Individual SME Investors
Indonesian FinTech Launches App For Individual SME Investors
July 24, 2017  |  B2B Payments

An Indonesia-based alternative lender is turning to the mobile device to attract small business investors. Reports Friday (July 21) said Mitrausahua Indonesia Group, which operates...

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Thai Fintech startup Omise Raises $25M Via A Coin Offering
Thai Fintech startup Omise Raises $25M Via A Coin Offering
July 06, 2017  |  Payment Methods

Omise, a fintech startup headquartered in Thailand, has raised $25 million in new financing via a coin offering. According to a report in TechCrunch, the...

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Indonesia In Billionaire Investor Tim Draper’s Crosshairs
Indonesia In Billionaire Investor Tim Draper’s Crosshairs
June 08, 2017  |  Investments

Where might investment riches lie in Asia? One billionaire investor, Tim Draper, sees promise in Indonesia. And the lure there may come in bits and...

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Indonesia’s Emtek Acquires Stakes In Two Digital Payment Services
Indonesia’s Emtek Acquires Stakes In Two Digital Payment Services
May 17, 2017  |  Partnerships / Acquisitions

Indonesia-based media company Elang Mahkota Teknologi (Emtek Group) has acquired large stakes in two of the country’s digital payment services. According to eMarketer, Emtek now...

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Cash Is Still Most Popular Payment Choice For Digital Shoppers In Indonesia
Cash Is Still Most Popular Payment Choice For Digital Shoppers In Indonesia
May 01, 2017  |  Cash

When it comes to paying for purchases in Indonesia — even those made online — cash is still king. According to eMarketer, cash on delivery...

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Alibaba Tracker: Going Global
Alibaba Tracker: Going Global
April 20, 2017  |  International

It’s been awhile since our last edition of Alibaba tracker, and a great deal has happened since then. There’s a lot to get through, so hold...

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Ant Financial And Emtek To Bring Digital Payments To BBM
Ant Financial And Emtek To Bring Digital Payments To BBM
April 17, 2017  |  Payment Methods

Ant Financial, the financial services unit of Alibaba, is getting into the digital payment market in Indonesia via BlackBerry Messenger (BBM). According to a report, Ant Financial...

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Grab Buys Kudo As It Pours Money Into Indonesia
Grab Buys Kudo As It Pours Money Into Indonesia
April 04, 2017  |  Partnerships / Acquisitions

Grab, the ride hailing app catering to the Southeast Asian market, has inked a deal to acquire Kudo, the Indonesian online payment startup. According to...

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