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Indonesia prepares new e-commerce tax policy amid industry pushback; SEA e-commerce hits $145B with AI-led growth potential; ...
KPPU approves TikTok’s $840M Tokopedia deal under strict terms, while GoTo-Grab merger hits regulatory walls. Indonesia’s sovereign wealth fund Danantara ramps up global and local investments with ...
RISE (Reports on Indonesia's Startup Ecosystem) is a new format to deliver the best information, insights and intel on the Indonesia's tech market, delivered by your good friends at DailySocial. Dec ...
🚨 What's New Here are the most compelling developments from Indonesia’s startup ecosystem this past week: Indonesian OTT platform Vidio has reportedly reached unicorn status, with a valuation ...
Startup funding momentum continues with Rekosistem, Arysun, and One% Nutrition raising capital. Toyota invests $120M into OLXmobbi, and Grab’s proposed Gojek acquisition raises competition concerns in ...
2. Klook, Asia’s leading travel experiences platform, secured US$100 million in fundingled by Vitruvian Partnersto expand its reach and serve the growing market of next-generation travelers.
Danantara is reportedly exploring a minority stake in Grab’s proposed US$7 billion acquisition of GoTo Group. The involvement aims to mitigate regulatory concerns about foreign acquisition of a major ...
Investree sues Indonesia’s financial regulator over license revocation ⚖️, global AI mobile apps surge to $2B revenue 💰, and ethical concerns arise in AI model development 🤖. Stay ahead with the ...
The board of directors of eFishery, Indonesia’s aquatech unicorn, has reportedly suspended two co-founders, CEO Gibran Huzaifah and COO Chrisna Aditya, following an investigation into alleged ...
📊 Indonesia’s crypto tax revenue topsUS$75M by Q1 2025. Indonesia’s crypto sector contributed Rp1.2 trillion (approx. US$75 million) in tax revenue by March 2025. This includes Rp560.6B from income ...