Indonesia: Adskom partners Telkom; Bareksa-DOKU team up; Mandiri joins hands with LINE

visual from company website

Adskom Indonesia partners with state-owned Telkom to boost revenue and attract more subscribers, while Bareksa and e-payment provider DOKU team up to market a mutual fund product. At the same time, Bank Mandiri joins hands with LINE Indonesia to integrate its Mandiri e-cash product with LINE pay service.

Adskom – Telkom

Advertising technology startup Adskom Indonesia recently announced its partnership with Metranet, Telkom’s subsidiary that operates in the digital advertising industry. The partnership will see Metranet create and offer products to advertisers through Adskom’s platforms. In exchange, Adskom will provide the data needed to execute Metranet’s marketing strategy.

“Our strength and positioning, as well as access to Telkom’s unique data, allows Adskom to reach subscribers on and off the operator’s network,” Adskom chief executive Italo Gani said in a statement.

“As an increasing number of Telkom’s customers make e-commerce transactions, data have become crucial for advertisers,” he added.

Italo also said that Telkom will gain access to more applications, web inventories and messaging and sponsored services, which should increase its advertising revenue.

Bareksa-DOKU

DOKU said it is helping digital investment portal Bareksa to market a mutual fund product at a relatively low price. The product – Cipta Dana Cash – will be offered at a starting price of Rp 100,000 ($7.7) to 1.3 million DOKU users.

Customers can purchase it via their electronic gadgets, and they would receive 8.5 per cent of annual interest.

The product is marketed towards those who want to learn and practice investment with minimum risk, but with higher return compared to bank savings or deposits.

Cipta Dana has recorded an annual return of 8.61 per cent in the last 12 months.

Mandiri-LINE

Another state-owned firm, Bank Mandiri, has joined hands with LINE Indonesia to develop a pay service, aimed at facilitating LINE users in carrying out electronic transactions. With the partnership, e-cash transfer now can be done by sending a text in LINE chat app.

Both Mandiri customers and non-customers can enjoy the service by either integrating their Mandiri e-cash number with LINE Pay, or creating an account in LINE Pay menu. The collaboration would enable Bank Mandiri to provide easy service to over 90 million LINE users in Indonesia.

Also Read:

Indonesia’s Bank Mandiri eyes acquisitions in Philippines, Myanmar

Bank Mandiri plans to raise $379m from bond market in June

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.