PropertyGuru leads the market in Singapore, while 99.co emphasizes that property search is a "long journey" involving multiple website visits.
https://www.techinasia.com/sg-home-listings-portal-poses-threat-propertyguru-99co
Parent companies Axiata Group and Sinar Mas have entered into a non-binding memorandum of understanding to explore the deal.
https://www.techinasia.com/possible-3-5b-merger-between-axiata-and-sinar-to-materialise
Between 2020 and 2024 so far, direct-to-consumer players in the F&B space attracted the most funding, followed by those in the FMCG segment.
https://www.techinasia.com/visual-story/mapping-indonesia-leading-d2c-brands
Which sectors will be the country's next investment hotspots? Tech in Asia looked at funding data and spoke with venture capitalists to find out.
https://www.techinasia.com/follow-money-vc-investment-heading-indonesia
The sector is struggling amid the tech winter and the return to offline learning. But optimism remains despite the reduced funding and deal count.
https://www.techinasia.com/visual-story/mapping-key-edtech-players-sea-standing
Jejakin helps businesses compute operational emissions, oversee climate actions, and contribute directly to climate change abatement strategies.
https://www.techinasia.com/east-ventures-backs-indonesian-climate-tech-startup-27m
Here's our regularly updated list of the biggest startup exits in Indonesia.
The Indonesian agri-lending platform has failed to meet minimum equity requirements and implement its supervisory recommendations, the regulator said.
https://www.techinasia.com/tanifunds-license-revoked-asked-liquidate-ojk
Interested businesses can submit their applications until June 7.
https://www.techinasia.com/applications-open-emerging-enterprise-awards-2024-17th-year
In The Top Up this week, we look at the leadership team of Akulaku and the newly announced venture between GXBank and Zurich Malaysia.
https://www.techinasia.com/people-leading-indonesian-fintech-unicorn-akulaku
With the fresh funds, Runchise aims to improve its products and branding initiatives as well as expand to more cities in Indonesia.
The Indonesia-based firm plans to bring its lending services to grassroots communities across the region, CEO Andi Taufan Garuda Putra said.
https://www.techinasia.com/p2p-lender-amartha-sets-sights-on-regional-expansion
In April, the fintech firm appointed a new CEO for Bank Neo Commerce, its digital bank, whose share price has fallen around 90% since its 2021 peak.
https://www.techinasia.com/visual-story/org-chart-execs-akulaku-growth
Homegrown VCs believe startups in the Philippines and Vietnam have high potential for profitability despite operating in restrictive environments.
The tech titan plans to use any raised funding for working capital and debt repayment in the future, if any.
https://www.techinasia.com/goto-seeks-private-placement-10-capital
LLV Launchpad will provide startups with insights into the local market and connect them to investment opportunities.
https://www.techinasia.com/llv-launchpad-extends-support-global-entrepreneurs-indonesia
The Indonesia-based coffee chain said the new business - called Satu Kenangan - will be open to franchising deals.
https://www.techinasia.com/kenangan-brands-launches-a-new-affordable-coffee-brand
Here are the companies in Indonesia that are attracting tons of investors and have the resources to spend on software, talent, and expansion.
https://www.techinasia.com/top-funded-startups-tech-companies-indonesia
Which startups are on the path to becoming the next big thing?
In 2023, the platform claimed to be Indonesia's largest streaming service with 4.1 million paid subscribers.
https://www.techinasia.com/vidio-aims-double-4-million-subscribers-funding-ipo-plans
The Chinese EV maker expects the plant to produce up to 150,000 units per year.
https://www.techinasia.com/byd-set-13b-ev-plant-indonesia-operations-2026
Part of the growth came courtesy of Tiket.com, its online travel agent business, which benefited from a surge during the Ramadan period.
https://www.techinasia.com/global-reports-29-yoy-gross-profit-increase-q1-2024
The Indonesian firm took the loan in 2022 from BlackRock, Orion Capital Asia, Allianz Global Investors, and the Indonesia Investment Authority.
https://www.techinasia.com/traveloka-repays-300m-loan-recovering-travel-sector
The company said it marks the “single largest investment in Microsoft’s 29-year history” in the country.
https://www.techinasia.com/microsoft-invest-17b-ai-cloud-indonesia
Tech firms are dismissing staff to stay afloat as headwinds hit Asia. This layoff tracker is keeping tabs on marching orders.
The Indonesia-based firm expects to hit group adjusted EBITDA breakeven for the full 2024 year.
https://www.techinasia.com/goto-group-logs-adjusted-profit-xx-q1
Cost improvements, higher top-line revenue, and a strong quarter for its O2O unit contributed to the growth, said Bukalapak president Teddy Oetomo.
https://www.techinasia.com/bukalapak-hits-adjusted-ebitda-profitability-q1-revenue-jumps-16
These charts offer a snapshot of how Bukalapak is performing.
https://www.techinasia.com/visual-story/bukalapaks-financial-health-7-charts
DailySocial.id will still be publishing content and will not be shutting down its entire operations, CEO Rama Mamuaya told DealStreetAsia.
https://www.techinasia.com/idn-news-outlet-dailysocialid-lays-staff-major-restructuring
Called Celangan, the feature offers an interest rate of 10% per annum at launch.
https://www.techinasia.com/grab-backed-superbank-introduces-auto-savings-product-in-indonesia
The edtech company's status in Indonesia is unclear, though it had abruptly suspended operations both there and in the Philippines last year.
https://www.techinasia.com/refocus-sued-for-over-1-6m-by-ex-students-in-indonesia
In The Top Up this week, we map out Indonesia’s key fintech players and look at plans to expand cross-border payment linkages within ASEAN.
https://www.techinasia.com/funding-falls-indonesian-fintech-players-stand
Between 2021 and 2023, the payments, lending, brokerage, and insurtech segments attracted the most money for the country’s fintech industry.
https://www.techinasia.com/visual-story/mapping-indonesia-fintech-players-tech-winter
Founded in 2020, the biotech startup is developing next-generation sequencing for the diagnosis of cancer and other diseases.
https://www.techinasia.com/east-ventures-bets-indonesias-pathgen-improve-cancer-diagnoses
Which investors are writing the most checks to Indonesia-based startups?
https://www.techinasia.com/active-investors-indonesias-startups
Diagnos, which is listed on the IDX, is primarily owned by entities related to the Bunda chain of maternity hospitals.
https://www.techinasia.com/diagnos-acquires-dna-firm-asa-ren-with-24m-move