Grab reportedly wants to merge OVO with Ant Financial’s DANA. What does it mean for the rest of us?

In the past two years, gojek’s Go-Pay has been consistently being the top...


Alibaba, Facebook co-founders back East Ventures’s new US$75M fund focused on Indonesia

East Ventures was recently named one of the most consistent top performing VC...


Jakarta-based media conglomerate Emtek Group invests US$4M in Qareer Group Asia

Emtek invests through its investment arm KMK Online in the company which main...


Indonesian e-commerce startup Bukalapak raises funding, claims to be a unicorn

Bukalapak CEO Achmad Zaky declined to share the identity of the investors and...


EMTEK and Ant Financial prepares DANA, Alipay implementation in Indonesia

The first step of Alipay implementation in Indonesia is by serving as payments...


[Updated] Go-Jek, Grab, Traveloka, and EMTEK Group reportedly have eyes on Fusion Payments

The due diligence for the investment in Fusion Payments is currently underway,...


EMTEK Group invests in Ice House, also own minority stake in Grab

The investments were revealed in EMTEK Group’s financial statements per...


Jack Ma could join US$1.5 billion Grab funding round: Bloomberg

If true, it would bring Ma into direct competition with Tencent, while teaming...


Emtek Group quietly confirms the acquisition of e-money provider Doku and Espay

Emtek Group acquiring Espay may smoothen up the way for Emtek-Ant Financial...


Alibaba reportedly in partnership talks with Emtek Group, opens possibility of Bukalapak investment

Fintech is also likely to be part of Alibaba and Emtek Group’s joint...