Indonesian B2B e-commerce startup Bizzy recently announced the acquisition of startup Alpha for an undisclosed sum. Meanwhile online shopping platform Shopee is partnering Pos Indonesia to provide free delivery for Shopee’s customers.
Bizzy acquiring Alpha
Bizzy announced recently that it has acquired online marketplace Alpha, a startup that distributes raw materials and spare parts. It has also appointed Alpha CEO and founder Andrew Mawikere as its new CEO.
Mawikere had been a co-founder and former CEO of Mbiz, conglomerate Lippo Group-backed and Bizzy’s competitor. He has also worked for Astra International, Temasek and JP Morgan.
Meanwhile, Bizzy former CEO Peter Goldsworthy will become its new president. Bizzy raised $2.5 million from a funding round led by Ardent Capital back in 2015.
Shopee partners Pos Indonesia
Garena’s Shopee and Pos Indonesia have agreed to collaborate providing free shipping for Shopee sellers, the company announced today.
“We want to play our part in supporting digital startups,” said Gilarsi Setijono, president director of Pos Indonesia.
The program is expected to attract more users and boost sellers’ income – who are mostly small and medium enterprises from across the country.
Shopee claims to have 200,000 daily transactions, 90 per cent of which comes from mobile phones.
Last year, Shopee partnered with Pos Malaysia to give all sellers on the platform free shipping for several months.