Maskoolin Grabs Funding from One of Blue Bird Group’s Shareholders

Fashion e-commerce platform Maskoolin announced a funding from Indra Djokosoetono, one of Blue Bird Group’s shareholders and family members (16/10). Despite being undisclosed, rumour has it that it came with an amount which nearly reached one million USD. Continue reading Maskoolin Grabs Funding from One of Blue Bird Group’s Shareholders

Innovation, Regulation and Local Player’s Dilemma

The local digital creative industry is currently mushrooming nowadays. Innovations come and go, although sometimes regulation stands between them and and their success. During the second session of The New Wealth Nation: Creative Industry in ASEAN Economic Communities workshop, the attending speakers discussed about how innovation in creative industry relates to government’s regulation. Continue reading Innovation, Regulation and Local Player’s Dilemma

Tokopedia Seals Strategic O2O Partnership with Indomaret

The Online-to-Offline (O2O) concept has become a new promising strategy among local e-commerce players nowadays. That being said, Tokopedia seals a partnership with Indomaret to facilitate users choosing this concept while doing their online transaction. The partnership allows Tokopedia customers to pay their order at Indomaret stores all over Indonesia. Continue reading Tokopedia Seals Strategic O2O Partnership with Indomaret

William Tunggaldjaja Officially Joins AsmaraKu as Co-Founder

After previously working as Lazada Indonesia’s Vice President and Zomato and Path’s Country Manager, William Tunggaldjaja officially joined AsmaraKu as Co-Founder. AsmaraKu is an e-commerce startup that focuses on romantic products. Tunggaldjaja revealed that his decision was based on the fact that romance remains an untouched highly potential niche market in Indonesia. Moreover, e-commerce is currently one of main forces in local industry. Continue reading William Tunggaldjaja Officially Joins AsmaraKu as Co-Founder

Telunjuk Closes Series-A Funding from Lippo Digital Ventures

Tim Telunjuk.com / Telunjuk.com Price comparison startup Telunjuk today announced their new round of series-A funding from Lippo Digital Ventures. Through this funding round, Lippo Digital Ventures’ Partner Rudy Ramawy is joining Telunjuk’s board seat together from Venture Republic and startup incubator Project Eden.

Telunjuk’s Co-founder and CEO, Redya Febriyanto gave an official statement through press release, “We are grateful to meet and exchange ideas with John Riady and Rudy Ramawy from Lippo Digital Ventures. Rudy Ramawy’s leadership experiences across many large companies, including Google Indonesia, convinced us to seal the deal.”

According to Hanindia Narendrata, Telunjuk’s CMO, this series-A funding will be used for user and merchant acquisition, as well as to sharpen their focus on product development. One of the interesting path that will be taken by Telunjuk, is to expand regionally to a few countries in South East Asia such as Singapore, Philippines, Malaysia, Thailand and Vietnam. Narendrata adds, “it’s still tentative on which country we want to expand into, but we want to target countries where English as a language is sufficient in the market”.

Founded back in 2011, now Telunjuk claims 1.5 million monthly visits to its site that hosts more than 15 million products to compare, in result from its partnership with local e-commerce sites. Narendrata also confirms that Telunjuk’s traffic source still mainly coming from Google searches, and that majority, almost 80%, comes from mobile.

Google Search’s Role in Initiating Online Transaction

GfK survey institution suggested that Google successfully defines a new behavior called “micro-moment”. Google Indonesia’s Industry Head Henky Prihatna often refers it to a moment when consumers use mobile internet to quickly fulfill their daily needs, shopping online for instance. Continue reading Google Search’s Role in Initiating Online Transaction

MatahariMall is Confident in Conquering Local Market

It seems that Lippo Group is really serious on turning MatahariMall into one of biggest players in local industry. This, and the massive investment it sealed couple of months ago, have made MatahariMall more than confident to capitalize Indonesia. One of its attemps of doing so is by installing e-Lockers in locations, thanks to the partnership with Popbox. Continue reading MatahariMall is Confident in Conquering Local Market

Octopay’s Virtual Credit Card Facilitates Convenient Online Transaction

CIMB Niaga attempts on promoting virtual credit card Octopay as an alternative solution to conventional e-commerce payment methods. It expects to net around 50 thousand customers, new and old, through this service, which will be launched next October. Continue reading Octopay’s Virtual Credit Card Facilitates Convenient Online Transaction

China-Based JD.com Prepares a Local Website for Indonesia

We just heard a rumor saying that China-based e-commerce giant JD.com is preparing to enter Indonesia. Using JD.id domain, which costs Rp 500 million alone, JD.com will follow AliExpress, that entered Indonesia few months ago. Continue reading China-Based JD.com Prepares a Local Website for Indonesia

The Future of O2O in Indonesia’s E-Commerce Industry

Ever since MatahariMall rocked the market with its Online to Offline (O2O) concept, its adoption has become an interesting debate all over the country. The concept is seen to be highly potential, as it is perceived as one of most plausible alternative solutions to local e-commerce’s logistic issue. However, many also doubt the implementation, given Indonesia’s unique and diverse culture. Continue reading The Future of O2O in Indonesia’s E-Commerce Industry