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The face-off between Go-Jek and Grab is escalating as both firms are quickly snagging up war chests in scrambles for overseas expansion and market grab.
And the reason GREE Ventures and Innovation Factory launched SKALA, an accelerator programme in Indonesia.
Alibaba Entrepreneurs Fund-backed WeLab and Astra are launching an online lending platform in Indonesia.
It’s working with three P2P lenders: Findaya, Dana Cita and Aktivaku.
33 peer to peer companies will go on to the next phase toward being approved by the fintech regulator.
Jack Ma was appointed as an e-commerce advisor to the country.
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