Indonesian startup eyes super app status; local player Be expects profit in 2021.

Plans include tech investment, digital bank tie-up, coworking spaces, and coffee.

Technology-enabled grocery service and B2B agricultural provider Sayurbox has partnered with over 10,000 farmers in Indonesia.

Indonesia recently blocked 26 unauthorized investment businesses, including three crypto platforms.

Even before the investment, Gojek and Telkomsel have been working together for some time.

TikTok Shop was launched in Indonesia in mid-April, at the beginning of Ramadan, with heavy celebrity endorsement.

With most countries still banning large gatherings, Muslims are heading online to search for new clothes ahead of Eid al-Fitr.

Indonesia’s beauty and personal care market is expected to grow to USD 7.46 billion in 2021.