Elevenia and Tiket.com Collaborate to Present Air Ticket

Elevenia expands its business to plane ticket reservation by introducing Air Ticket. This new service enables customers to find plane tickets, both for domestic and international flights, right on the site, thanks to the partnership with Tiket.com. Added to the newly launched service, Elevenia is also currently an official online ticketing vendor at Gaikindo Indonesia International Auto Show (GIIAS) 2015. Continue reading Elevenia and Tiket.com Collaborate to Present Air Ticket

The Government Delays Indonesia’s E-Commerce Roadmap Launching

Initially, the government planned on unveiling the roadmap of e-commerce in Indonesia by the end of this month. Unfortunately, the schedule seems a bit off, as there are still few issues that linger, such as the taxation and funding-related ones. Continue reading The Government Delays Indonesia’s E-Commerce Roadmap Launching

Two New Head Honchos Lead aCommerce Indonesia

Following the departure of its two co-CEOs, aCommerce has appointed Snorre Larstad and Hadi Kuncoro to lead Indonesia’s operation as the new CEO and COO. They will play important role to lead next phase of growth as aCommerce is about to raise a new $30 million Series B funding by the end of the year to fuel its expansion. Indonesia is aCommerce’s biggest regional operation.

Continue reading Two New Head Honchos Lead aCommerce Indonesia

A Rocket Internet Company Acquires Flipit

Netherlands-based voucher code provider Flipit announced that it got acquired by Rocket Internet’s CupoNation. After the acquisition, Flipit would be designed to focus more on Southeast Asia, as it aims to be one of big dealers in the region. In practice, Flipit will remain as an independent entity and both of its co-founders will be the General Manager of the region. Continue reading A Rocket Internet Company Acquires Flipit

MatahariMall Aims for 20% of E-Commerce Market in Indonesia in 2020

MatahariMall, which is planned to be grand launched next September, eyes for 20% of e-commerce market in Indonesia by 2020. That year, the total market volume is projected to touch $20-30 billion, compared to $1.3 billion in the meantime. Continue reading MatahariMall Aims for 20% of E-Commerce Market in Indonesia in 2020

Kresna Graha Investama Acquires Three Startups

Kresna Graha Sekurindo (KREN), which is known for its Kresna Securities, officially pivots, as it now becomes an investment company rather than merely a broker. This is marked with the change in its name into Kresna Graha Investama (Kresna). Due to this change, Kresna has prepared itself as a holding company, as well as establishing a specific subsidiary to acquire three e-commerce startups. Continue reading Kresna Graha Investama Acquires Three Startups

Golden Gate Ventures Prepares $50 Million for Southeast Asian Startups

Golden Gate Ventures just announced its second round of investment in Southeast Asia worth no less than $50 million. During the first round , Golden Gate successfully planted 25 investment worth around $35 million, which was coming from a number of investors including Temasek, Eduardo Saverin (Facebook’s Co-Founder), and Monitor Capital Partners. Golden Gate Ventures’ vision is to bridge Silicon Valley and Asia, in terms of startup development. Continue reading Golden Gate Ventures Prepares $50 Million for Southeast Asian Startups

Alfamart-Indomaret Competition Goes Online

Alfamart and Indomaret are two competing brands that are always located right next to each other. Both minimart networks also ride on the currently rising e-commerce trend by introducing Alfaonline and KlikIndomaret. In this article, we try comparing these two companies. Continue reading Alfamart-Indomaret Competition Goes Online

Online Furniture Startups Join Indonesia’s E-Commerce Industry

Nowadays, online shopping may help you find nearly everything, and furniture and home or office decor aren’t an exception. Not only to spoil their users, some players in this segment even encourage local producers by displaying their products on their online shops. Continue reading Online Furniture Startups Join Indonesia’s E-Commerce Industry

Eight Indonesian Giants Start Entering E-Commerce Industry

Regardless on existing issues and debates over the Indonesian e-commerce industry that emerge nowadays, the industry is actually in a positive stream and shows bright potential. ICS predicts that the e-commerce market in Indonesia will grow up to 42% by the end of this 2015. This makes at least eight companies, focusing on industry of retail, consumption product, telecommunication, technology, heavy equipment, and tourism, starting their expansion to the e-commerce area. Continue reading Eight Indonesian Giants Start Entering E-Commerce Industry