Nadiem Makarim

Go-Jek’s structure and shareholding revealed in leaked info

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Alongside CEO Makarim, the information shows that Go-Jek has six other executives on the board of directors.

Qareer Group Asia raises $10.5m round led by Indonesian media giant Emtek

Other investors that joined the round, which was a combination of fresh capital injection and asset participation, include existing investors Kejora Ventures and supported by SoftBank, the company said in an official release.


Exclusive: Indonesian investor Prasetia Dwidharma to raise $30m debut fund

Prasetia Dwidharma is planning to raise the fund in partnership with a venture capital firm.


Indonesia Digest: Mataharimall.com pivots; Sikumis snags follow-on

Mataharimall.com has pivoted into a fashion-focused platform by merging with the site of fashion retailer MDS under the new brand MATAHARI.com.


Indonesia’s Tokopedia said to be raising $1b from SoftBank, others

The e-commerce operator is valued at about $7 billion after the round.


Indonesian fintech Payfazz raises over $21m from Tiger Global, others

Payfazz has been backed by investors including MDI, Insignia Ventures Partners and Magic Fund in the past.


What’s the cost of an e-commerce boom? Ask Indonesia’s postal service

By 2022, the country’s e-commerce market will grow to $65 billion from last year’s $8 billion, according to McKinsey. And the post office will do much of the heavy lifting, shipping 4.4 million online-shopping parcels each day, six times what it does today.


Tokopedia latest to jump on Indonesia’s O2O commerce bandwagon

Mitra Tokopedia is aimed at owners of small shops and kiosks, who will bridge the gap between the online retail space to offline customers.


Go-Jek to launch beta version of app in Singapore in December

Go-Jek had in October launched a portal for drivers to pre-register in Singapore.


Exclusive: Indonesia’s Target Media Nusantara bags Series A funding from Alpha JWC

The investment in TMN comes after Alpha JWC led a Series A round of funding for another media startup, Nusantara Technology, in October.