KPPU approves TikTok’s $840M Tokopedia deal under strict terms, while GoTo-Grab merger hits regulatory walls. Indonesia’s ...

Green SM and Gojek launch Indonesia's all-electric taxi service, TikTok defends Tokopedia acquisition amid monopoly probe, ...

💸 Amartha secures US$55M from global development finance institutions. Fintech platform Amartha, known for its microloans to rural women entrepreneurs, has raised US$55 million from a syndicate of ...

2) Government Approves XL Axiata–Smartfren Merger Indonesia’s Ministry of Communication and Digital approved the long-anticipated merger between XL Axiata and Smartfren, forming PT XL Smart Telecom ...

One% Nutrition, a sugar-free protein drink brand, secured pre-seed funding from Init-6 (founded by Bukalapak’s Achmad Zaky & Nugroho Herucahyono), with participation from Malaysia’s First Move, ...

Here’s a roundup of notable developments from Indonesia’s startup ecosystem last week: PT Bukalapak.com Tbk (IDX: BUKA) announced a capital injection of IDR 657.65 billion (~US$39 million) into nine ...

In Q1 2025, local tech heavyweights GoTo, Bukalapak, and Blibli showed signs of a shift toward healthier business fundamentals—driven by cost discipline, digital monetization, and operational ...