News

Indonesia prepares new e-commerce tax policy amid industry pushback; SEA e-commerce hits $145B with AI-led growth potential; ...
KPPU approves TikTok’s $840M Tokopedia deal under strict terms, while GoTo-Grab merger hits regulatory walls. Indonesia’s sovereign wealth fund Danantara ramps up global and local investments with ...
RISE (Reports on Indonesia's Startup Ecosystem) is a new format to deliver the best information, insights and intel on the Indonesia's tech market, delivered by your good friends at DailySocial. Dec ...
Startup funding momentum continues with Rekosistem, Arysun, and One% Nutrition raising capital. Toyota invests $120M into OLXmobbi, and Grab’s proposed Gojek acquisition raises competition concerns in ...
Investree sues Indonesia’s financial regulator over license revocation ⚖️, global AI mobile apps surge to $2B revenue 💰, and ethical concerns arise in AI model development 🤖. Stay ahead with the ...
🚨 What's New Here are the most compelling developments from Indonesia’s startup ecosystem this past week: Indonesian OTT platform Vidio has reportedly reached unicorn status, with a valuation ...
📊 Indonesia’s crypto tax revenue topsUS$75M by Q1 2025. Indonesia’s crypto sector contributed Rp1.2 trillion (approx. US$75 million) in tax revenue by March 2025. This includes Rp560.6B from income ...
Danantara is reportedly exploring a minority stake in Grab’s proposed US$7 billion acquisition of GoTo Group. The involvement aims to mitigate regulatory concerns about foreign acquisition of a major ...
Fore Coffee’s IPO oversubscribed 200x 🚀Local coffee startup Fore Coffeesuccessfully attracted massive retail investor interest during its IPO on April 8–10, 2025. The offering was oversubscribed ...
2. Klook, Asia’s leading travel experiences platform, secured US$100 million in fundingled by Vitruvian Partnersto expand its reach and serve the growing market of next-generation travelers.
2) Government Approves XL Axiata–Smartfren MergerIndonesia’s Ministry of Communication and Digital approved the long-anticipated merger between XL Axiata and Smartfren, forming PT XL Smart Telecom ...