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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 Jet Commerce Expands to China and Philippines

JAKARTA (TheInsiderStories) – Jet Commerce, an e-commerce enabler company in Indonesia, announced that it has expanded its international footprint to China by acquiring other e-commerce...

Japan’s Softbank, Grab Holdings Invests US$2B in Indonesia

JAKARTA (TheInsiderStories) - Singapore' ride-hailing company Grab Holdings Inc., get another US$2 billion funds and will investing in Indonesia. Last March, one of the leading apps...

Indonesia’s Tokopedia to Expand Bussines on Logistics, Agritech Startup

JAKARTA (TheInsiderStories) - Indonesian e-commerce player PT Tokopedia is investing in two logistics companies as part of an effort to speed delivery and slash...

Indonesia’s Tokopedia Receives New Funding of US$1.1B from Alibaba, Softbank

JAKARTA (TheInsiderStories) - One of largest marketplace operator in Indonesia, PT Tokopedia received new funding of US$ 1.1 billion from the Japan' Softbank Vision Fund...

Alibaba’s Jack Ma met Indonesian President Joko Widodo

Bogor (TheInsiderStories) - President Joko Widodo received the visit of the founder and Executive Chairman of Chinese Alibaba Group Holding Limited (NYSE: BABA) Jack...