Cryptocurrencies caught the attention of the Indonesian government as the daily transaction value reached USD 4.8 billion in February.

Ruangguru expanded to Vietnam in 2019 and into Thailand last year, and has so far served more than 22 million students.

As Indonesia’s tech unicorns race toward their IPOs, state-owned firms are looking to cash in.

Grab reportedly bought a 4% stake in Indonesia’s conglomerate Emtek, which has strategic interests in e-commerce and payments.

Shipper is the latest logistics startup to receive tens of millions in investment this year.

The deal is expected to close this month, with Gojek taking a 60% stake in GoTo.

Bukalapak has reportedly hired Bank Mandiri’s securities arm to seek a merger with a US-based blank-check company.

In just 12 months, Shopee has reduced its additional package fee for couriers four times, now down to a mere USD 0.10 per package.