Panelists discuss opportunities for Indonesia’s digital startups. Watch the video here

(clockwise from top left) Prosus Ventures head of Southeast Asia investments Sachin Bhano, Carro founder and group CEO Aaron Tan, and JD.com president for Southeast Asia Soon Sze Meng at a discussion with Shotaro Tani, Nikkei Asia correspondent for Indonesia, at the DealStreetAsia Asia PE-VC Summit 2021.

A trove of opportunities has opened up for Indonesia’s digital startups, given the accelerated technology adoption in the country following the prolonged coronavirus pandemic, opined panelists at the Asia PE-VC Summit on Oct. 1.

JD.com’s president for Southeast Asia, Soon Sze Meng, who was one of the panelists, said there has been a big focus on groceries and other daily needs in e-commerce. Last year, JD.id launched a nearby store service that allows customers to procure goods from a nearby convenience store. “We can see the growth of e-commerce across all categories… not just basic consumer products, but groceries, and everyday products,” he said at the panel discussion titled Riding Indonesia’s mega digital opportunity wave.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter