Emtek Group’s unit Lakupon has landed $742,000 investment from New Wealth Capital in a round led by managing partner James Tan and Partners Sean Lim. Meanwhile, Singapore-based Ninja Van has announced the extension of its services to Indonesia.
Lakupon lands $742k funding
Lakupon founder Leonard Kwee said that the new funding will be used to sell coupon vouchers through the BBM platform. Despite the declining popularity globally, BBM remains big in Indonesia with more than 60 million users.
“BBM will be focussed on becoming Lakupon’s O2O messenger platform,” said Kwee in a press statement.
Lakupon is an Indonesian O2O daily deals platform that belongs to Emtek Group’s digital services company PT Kreatif Media Karya (KMK). It sells up to 90 per cent discount coupons for a wide range of activities, goods, and services, such as restaurant dine-ins, foods, sport events, electronic gadgets, spa treatment, toys and many more.
Emtek Group purchased the startup back in June for the brand, IP, and technology licensing rights of messaging app Blackberry Messenger (BBM).
Ninja Van expands to Indonesia
Logistics company Ninja Van has announced that it is extending its services to Indonesia with the brand ‘Ninja Xpress’. The service, which is aimed for Indonesian retailers of all sizes, is equipped with real-time tracking and detailed monthly reports.
Indra Wiralaksamana, country head for Ninja Xpress said, Indonesia as an archipelago poses significant challenges for e-tailers and logistics providers to ensure efficient and timely deliveries.
“As the leading tech-based logistics provider in Southeast Asia, we aim to provide transparent and highly reliable last-mile delivery services, especially for e-commerce retailers in the country,” Wiralaksamana said.
Ninja Van was launched in 2014 and is headquartered in Singapore. With its expansion to Indonesia, Ninja Van now operates in five countries including Malaysia, Thailand and Vietnam.