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Indonesia’s Telkomsel Injects Capital US$150M to GoJek

JAKARTA (TheInsiderStories) -  Cellular operator, PT Telekomunikasi Selular (Telkomsel) has injected fresh capital US$150 million to PT Aplikasi Karya Anak Bangsa, the manager of tech...

GoJek Officially Operates Under Its Brand in Thailand

JAKARTA (TheInsiderStories) - Indonesia' ride-hailing and food delivery operator, GoJek, officially launched its application in Thailand starting Sept. 16, said the CEO. The company actually has...

Facebook, Paypal Invests in GoJek to Boost Digital Economy in SEA

JAKARTA (TheInsiderStories) - Two American giants, Facebook Inc., (NasdaQ: FB) and Paypal Holdings Inc., have joined other global tech players like Google, Tencent and other investors...

Indonesia’s GoJek Finalizes the Acquisition of Moka

JAKARTA (TheInsiderStories) - Indonesia’ decacorn, GoJek, has acquired the mobile point of sales provider, Moka, for Rp1.68 trilion (US$108.39 million). Now, the company awaits business competition supervisory commission...

Indonesia’s GoJek and Grab Holdings in Merger Taks

JAKARTA (TheInsiderStories) - Southeast Asia' largest online transportation apps, PT Aplikasi Bangsa (GoJek) and Malaysia' Grab Holdings Inc., in merger talks, global media reported on Monday...

Indonesia’s Blue Bird Sold Minority Shares to Undisclosed Buyer

JAKARTA (TheInsiderStories)- Major shareholders of local taxi operator, PT Pusaka Citra Djokosoetono, sold 108.21 million shares or 4.32 percent of enlarged and paid up of...

Morning Briefing: Indonesia Forms Agency for New Capital City

JAKARTA (TheInsiderStories) - Indonesian government to form a New Capital Development Authority Agency to implement the state' capital program. The agency have obligation to prepare, build and...

Indonesia’s Gojek to Conduct IPO in 2024

JAKARTA (TheInsiderStories) - Indonesia' ride-hailing company, GoJek targeting to conduct an Initial Public Offering (IPO) within the next three to four years, the spokesman...

Develope Charging Station, PLN Invites GoJek, Grab, Bluebird

JAKARTA (TheInsiderStories) - Indonesia’ state-owned, PT Perusahaan Listrik Negara (PLN) and two digital player Grab and GoJek, have signed a memorandum of understanding (MoU) to build...

Become Widodo’s Minister, Makarim Steps Down From GoJek

JAKARTA( TheInsiderStories) - Founder of Indonesia' digital company GoJek officially stepped down as CEO at the company after appointed as minister. Nadiem Makarim, who...

Morning Briefing: Japan Officially Removes South Korea from “White List”

JAKARTA (TheInsiderStories) - Japan officially removed South Korea on August 27 from its "white list" of trade partners, What started as a trade dispute is...

Indonesia’s Astra Eyes Logistic Firm, Keep Market Shares 50%

JAKARTA (TheInsiderStories) - One of the major company in Indonesia, PT Astra International Tbk (IDX: ASII) in talks with local start-up engage in the logistics...

Morning Briefing: US Deficit US$1T in 2020, Indian Rupee Fell to...

JAKARTA (TheInsiderStories) - Good morning! United States deficit is estimating worth of US$1 trillion in 2020, as President Donald Trump cut the tax an spending...

East Ventures Closes US$75M Sixth Fund to Focus on Indonesian Startups

JAKARTA (TheInsiderStories) - Southeast Asian venture capital firm East Ventures has closed its sixth fund at US$75 million, with support by prominent startup founders...

Indonesia’s Gojek Targets US$3B Funds to Enter Southeast Asian Market

JAKARTA (TheInsiderStories) - Indonesia’ mobile on-demand platform, and digital payment, Gojek, is targeting the investment worth US$3 billion to enter the Southeast Asian market....

Indonesia’s Gojek Secures Investment From Thailand’s SCB

JAKARTA (TheInsiderStories) - Gojek, Indonesia' mobile on-demand platform, and digital payment get an investment from Siam Commercial Bank (SCB), Thailand’s largest lender by assets....

Morning Briefing: Powell Signals Rate Cuts, Indonesian Inflation Stable

JAKARTA (TheInsiderStories) – Good morning! Federal Reserve chairman Jerome Powell send a signal to could soon cut federal funds rates (FFR), sending S&P 500 stock...

Indonesia’s GOJEK Receives Fresh Investment from Mitsubishi

JAKARTA (TheInsiderStories) - Indonesia-based multi platform GOJEK announced an unspecified investment from Japan' Mitsubishi Motors Corporation, Mitsubishi Corporation, and Mitsubishi UFJ Lease & Finance as...

Indonesian Govt Set New Tariffs for Online Motorbike

JAKARTA (TheInsiderStories) – Indonesian Transportation Ministry released a new tariff for online motorbike taxi and will be implemented in 41 cities, said the spokesman last week....

GOJEK Completes First Round Series F Funding from Investors

JAKARTA (TheInsiderStories) – Indonesia' unicorn GOJEK just completed the first round of the Series F funding led by Google, JD.com and Tencent Holdings, Mitsubishi...

Opportunities and Challenges of Digital Payment Industry in Indonesia

JAKARTA (TheInsiderStories) - For Indonesia, Digital Payment System may well be the next big thing, combining existing mobile phone usage and the country's growing financial...

Morning Briefs – Jan 19

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Google, Temasek Coming in as New Investors in...

Go-Jek Strengthens Grip in Electronic Payments

JAKARTA (TheInsiderStories) – Indonesian ride-sharing company Go-Jek continues to strengthen its grip in the country’s electronic payment system by adding its new Go-Bills service,...