Consumer Economy

While Indonesian fintech is close to experiencing an inflection point, Convergence Ventures still sees plenty of opportunities in this sector.

Tokopedia Umroh is part of the sharia-compliant Tokopedia Salam ecosystem.

Indonesia will make up close to half of Southeast Asia’s USD 300 billion internet market, so there’s plenty of room for growth.

China’s Shein, AliExpress, and Club Factory have been caught evading customs duties.

Amazon India and Flipkart are reportedly taking baby steps towards appeasing small retailers.

Asia’s most valuable company raised USD 12.9 billion in the biggest IPO globally this year.

The world’s largest online retailer closed its own Chinese domestic marketplace in July.

There is a need for today’s technology companies to embark on a path to sustainability, to remain efficient, and cover their costs.