November 29, 2019
“We’re burning money,” Lippo Group founder Mochtar Riady, selling 70 per cent stake in the omnipresent e-wallet OVO
Digital financial services firm Visionet International’s (OVO’s)...
September 17, 2019
Indonesia’s fifth unicorn startup is OVO
Finance Asia stated that the valuation of OVO has reached US$2.9 billion or more...
November 22, 2018
MatahariMall denies shut down reports, says synergising services with Matahari Department Store
Like MatahariMall, Matahari Department Store is an offline retail giant that is...
October 31, 2018
Tokopedia, OVO team up to offer the payment service on the e-commerce platform
OVO explained that its partnership with Tokopedia is part of its three-prong...
October 2, 2018
Today’s top tech news, Oct 2: Lippo Group, ObEN launch Pacific Blockchain Research Institute
Tinder swipes right for Indonesian market, SoftBank Vision Fund eyes Zuoyebang,...
September 27, 2018
Venturra Capital launches seed investment arm Venturra Discovery, armed with US$15M fund
Venturra Discovery aims to fill in the new gap in Indonesian and Southeast Asian...
April 9, 2018
Startup generator Antler debuts in Asia with a US$3M seed funding round
Co-founded by the likes of Zalora’s Magnus Grimeland, Antler aims to...
September 6, 2017
MatahariMall raises US$16M from offline Lippo Group cousin: DSA
The deal increases Matahari Department Stores’ stake in MatahariMall to 16...
July 19, 2017
Cynthia Siantar leaves her position as co-founder and director of Call Levels
Announcing her departure on Facebook, Siantar did not share details about why...
May 18, 2017
Grab opens R&D centre in Indonesia, reveals more details about Kudo partnership
Earlier this year, Grab launched its US$700 million master plan for the...