Southeast Asia is one of the most rapidly digitalizing regions in the world, with 70% of the region’s population online in 2020, according to the report.

With the latest acquisition, AirAsia is set to “turbocharge” its ambition to become “a leading ASEAN challenger super app,” said the group CEO.

SiCepat recently tapped into the EV industry by forming a joint venture with NFC Indonesia. The JV has acquired an electric motorcycle maker based in central Java.

Local startup aims to gain ground on rivals Shopee and Lazada.

Taking samples using Nalagenetics’ Quickspit and Nusantics’ Bio Saliva is more convenient, making these new test kits suitable for children and the elderly.

By opening brick-and-mortar stores, JD.id may be differentiating itself from e-commerce rivals like Tokopedia and Shopee.

Scalpers have raised prices of life-saving supplies like oxygen to up to 1,000% of normal levels to exploit a steep climb in COVID-19 infections in Indonesia.

Indonesia is profuse with web-based financial service providers, including at least 7 digital banks and 4 neobanks.