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DIGITAL COMMERCE INDONESIA
'The Donald of Dubai': UAE billionaire close to Trump bets $66 billion on AI to become the world's data kingUAE real estate magnate Hussain Sajwani is investing billions in data centers to capitalize on the AI boom, aiming for global leadership. H...- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- Google denies involvement in $125 million Chromebook graft case in IndonesiaFormer Google executives have denied any link to a massive procurement project in Indonesia's Education Ministry. Prosecutors allege former...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%The official kickoff of the Q4 earnings season happens when a large IT company announces its results, although the quarter’s business updat...
- Taking cue from India, Indonesia adopts Open Digital NetworkIndonesia has launched its own digital commerce network, the Indonesia Open Network or ION. This initiative draws inspiration from India's ...
- A report shows, India's non-cash payments on ecommerce platforms surge to 58.1% from 20.4% six years agoIndia has seen the fastest jump in alternative payment share for ecommerce payments in the Asia Pacific region from 20.4% in 2018 to 58.1% ...
- India-Indonesia can collaborate between digital infrastructure systems to push economic growth: MinisterBy sharing best practices and expertise, India and Indonesia can empower entrepreneurs, startups, and creative professionals to harness the...
- Streaming a movie abroad may soon come with taxes at the borderThe World Trade Organization (WTO) faces a potential breakdown of the decades-old moratorium on digital customs charges. The tariff ban, al...
- TikTok to invest $1.5 billion in GoTo's Indonesia ecommerce businessChinese short-video making platform TikTok on Monday committed to invest $1.5 billion in Indonesian firm GoTo's e-commerce unit Tokopedia t...
- Indonesia tech giant GoTo soars on market debutThe Jakarta-based company raised about $1.1 billion in its IPO, priced at 338 rupiah per share, representing a market value of about $28 bi...
- Tiger Global, Sequoia India lead $80 million funding round in LummoThe Jakarta and Bengaluru-based Lummo will use the capital to accelerate the business growth of MSMEs in Indonesia and the rest of Southeas...
- Southeast Asia internet economy to hit $1 trillion by 2030, report saysThe online industry for Southeast Asia is expected to grow from an estimated $174 billion in gross merchandise volume by end-2021 to $360 b...
- Godrej Consumer leveraging on data and tech, strengthening its e-commerce businessesThe company is leveraging on data and technology, innovating for local contexts and doubling down on digitisation and platforms like e-comm...
- Gojek, Tokopedia merge in Indonesia's biggest dealThe combined entity, which will span online shopping, courier services, ride-hailing, food delivery and other services in Southeast Asia's ...
- Tax on digital transactions: Discussions or a stalemate with the European Union?India isn't alone in levying tax on digital transactions. With talks at the OECD on a global deal making little headway, a number of countr...
- Southeast Asia’s net economy to top $100 billion this yearThe value of the region’s online transactions in areas from internet retail to car-hailing should reach $300 billion by 2025: Report
- India to oppose global rules on e-commerce at G-20 MeetAccording to industry experts, India wants an end to the moratorium and imposition of import duties to protect domestic industry and revenu...
- India's experience with Aadhaar a case in point: IMF blogThe blog titled 'The Digital Accelerator: Revving Up Government in Asia' further said that Asia's digital revolution shows no signs of slow...
- Anchanto raised $4 million, led by MDI Ventures, Telkom Indonesia’s VC armThe proceeds of the fund will be used to expand the market outreach and to strengthen regional Southeast Asia presence. Last year, in the S...
- Digital revolution clears hurdles for Asia's emerging economiesAt the same time, the Philippines, India and Indonesia still have some of the lowest digital banking penetration rates in Asia.
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