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News and updates
Insights
7 Interesting Things That Happened in Indonesia’s E-Commerce Scene
Jakarta, 10 February 2019 – Indonesia’s ecommerce scene is surely an exciting one. Last year, its online market transactions were recorded as the highest in Southeast Asia, with sales volumes reaching US$2.7 billion. During the national online shopping day (Harbolnas) on Dec. 12, 2018, up…
Press Release
E27 Ask Me Anything: OVO Chief of Product Officer Albert Lucius Answers Your Questions!
Last week, we encouraged members of our Telegram Group to drop their burning questions for OVO Chief Product Officer Albert Lucius for the revived e27 Ask Me Anything (AMA) feature –and he has returned with his answers. Find out what Lucius got to say about the company’s partnership with Southeast Asian…
Press Release
Fore Coffee Raised US$8.5 Million Funding
JAKARTA, 31 JANUARY 2019 – Fore Coffee, an on-demand specialty coffee startup, earlier today announced that it has secured US$8.5 million funding from syndication of East Ventures, SMDV, Pavilion Capital, Agaeti Venture Capital, Insignia Ventures Partners, and some angel investors. The funding will be used…
Press Release
Tokopedia and Pegadaian Officially Launches “Tokopedia Emas” for Selling Gold
Indonesia, 30 January 2019 – Tokopedia introduces partnership with Pegadaian by launching “Tokopedia Emas” feature. It gives opportunity for users to buy and sell gold online, replacing the previous partnership with Orori. Starts from 500 rupiah, users can invest in gold commodity. There are some membership levels…
Insights
New Consumption is The Investment Theme in 2019, Says East Ventures’ Willson Cuaca
East Ventures, Indonesia’s most prolific investor, has identified a new theme for its investments in 2019 — new consumption. The venture capital firm’s managing partner Willson Cuaca said that there are ample opportunities available over and above the innovation that has already taken place in Indonesia…
From Portfolios
Indonesia’s Traveloka Opens R&D Center in India
Indonesia, 29 January 2019 – Indonesian online travel platform Traveloka, which is one of a handful of local tech firms to have reached a valuation above US$1 billion, officially opened a new office in Bangalore, India, today. The inauguration was attended by co-founder & CEO Ferry…
From Portfolios
The Fit Company Raised Seed Funding from East Ventures
JAKARTA, 29 JANUARY 2019 — The Fit Company, a holding company that focuses on active and healthy lifestyle products, announced earlier today that it had secured an undisclosed amount of seed funding from East Ventures. The investment will accelerate The Fit Company’s mission to build…
From Portfolios
MOKA, Startup Kasir Online yang Merambah UKM RI
Tak banyak perusahaan rintisan (startup) yang fokus di ranah point of sale (POS). Apa itu POS? Menurut situs blog MOKA, POS dapat diartikan sebagai tempat kasir (check-out counter) dengan mesin kasir (cash register). POS merupakan titik penjualan (check-out) di mana transaksi dapat dikatakan selesai. Ini…
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