Consumer Economy

Hi there, it’s Khamila from Jakarta. This week has been very exciting for online shopping enthusiasts and e-commerce platforms in the Land of Thousand Islands as December 12 is celebrated as the

The company didn’t say why it chose a new CEO. Peng’s tenure might have been intended to be temporary from the start.

Tokopedia says its next chapter will see it evolve into an ‘infrastructure-as-a-service’ ecosystem for online and offline commerce.

SoftBank affiliated funds and Alibaba’s Taobao are the biggest backers behind Tokopedia.

Lazada and KOPIA joined hands to design framework on IPs.

After the fresh funding, Tokopedia becomes Indonesia’s most valuable unicorns with a US$7 billion price tag.

Traditional retailer MDS accelerated its digitisation process.

In this capital market crunch, group buying has been exceptionally vibrant.