Cocowork Renames to CoHive, Aims Not Only as Coworking Space

Recently rebranding on last June, Cocowork got renamed again. It’s now become CoHive. Besides coworking space, it also aims for new segments, co-living and new retail.

Co-Hive is currently running more than 32,000 sqm coworking space in 22 different locations around Jakarta and Medan, with more than 5,500 communities from corporate, SME, and startups renting monthly or annual working space.

Cocowork, previously named EV Hive, was considered successful in managing and providing working spaces which aim for collaboration, good concept, and strategic locations. It makes Cocowork continuously developing more workspaces and to target 100,000 sqm space in various locations the next year.

The new concept of CoHive is the reason behind its rebranding due to some new services. There is no further information on us regarding the new concept implementation by CoHive, however, the name proposed for these new products are CoHive Co-Living and Residences, CoHive Marts, and CoHiveX.

“Through the sharing economy concept, young entrepreneurs can access the necessary resources and community support to start and develop their business. With a series of comprehensive solutions in CoHive, our community members can work, live, and have fun in within the same ecosystem,” Carlson Lau, CoHive’s CEO, said.

He explained further that they currently have the tower network of offices and companies to be used for integrated services and activities development of community building, and planned to be launched in 2019.

In making this plan and strategy happened, CoHive is supported by some investors, such as East Ventures, Sinar Mas Digital Ventures (SMDV), Insignia Ventures, Softbank Ventures Korea, H&CK Partners, Tigris Investment, and Intudo Ventures.

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Original article is in Indonesian, translated by Kristin Siagian

Cocowork Ganti Nama Jadi CoHive, Tak Hanya Kejar Pasar Ruang Kerja

Baru saja rebranding di akhir Juni lalu, Cocowork kembali berganti nama. Kini namanya menjadi menjadi CoHive. Selain ruang kerja bersama (coworking space) CoHive juga menyasar segmen baru, yaitu co-living dan new retail.

CoHive saat ini sudah mengoperasikan lebih dari 32.000 meter persegi coworking space di 22 lokasi yang tersebar di Jakarta dan Medan, dengan lebih dari 5.500 komunitas perusahaan, UKM, dan startup yang menyewa ruang kerja dengan sistem per bulan atau tahunan.

Cocowork, sebelumnya bernama EV Hive, dinilai berhasil mengelola banyak coworking space dan menyediakan ruang kerja yang mengedepankan kolaborasi, memiliki konsep yang baik, dan terletak di lokasi-lokasi strategis. Kondisi ini membuat Cocowork terus ingin berkembang dengan lebih banyak ruang kerja yang ditargetkan mencapai 100.000 meter persegi di berbagai lokasi pada tahun mendatang.

Konsep baru yang diusung CoHive menjadi alasan perubahan nama karena membawa sejumlah layanan baru terkait pemanfaatan ruang. Belum ada informasi lebih jauh yang kami peroleh mengenai implementasi konsep baru yang diusung CoHive ini, tapi disebut nama yang diusung untuk produk baru ini adalah CoHive Co-Living and Residences, CoHive Marts, dan CoHiveX.

“Melalui konsep sharing economy, generasi pengusaha muda dapat mengakses sumber daya dan dukungan komunitas yang mereka butuhkan untuk memulai dan mengembangkan bisnis mereka. Dengan serangkaian solusi komprehensif yang ada di dalam platform CoHive, komunitas pengusaha yang tergabung bersama kami dapat bekerja, hidup, dan bersenang-senang di dalam ekosistem kami,” terang CEO CoHive Carlson Lau.

Lebih jauh Carlson menjelaskan bahwa saat ini mereka sudah memiliki jaringan menara kantor dan perusahaan yang rencananya akan digunakan untuk membangun seluruh layanan jasa dan aktivitas community building yang terintegrasi dan rencananya akan diluncurkan pada tahun 2019.

Dalam mewujudkan rencana dan strateginya ini, CoHive didukung sejumlah investor, seperti East Ventures, Sinar Mas Digital Ventures (SMDV), Insignia Ventures, SoftBank Ventures Korea, H&CK Partner, Tigris Invesment, dan Intudo Ventures.

Alpha JWC Ventures Raises 121 Billion Rupiah Funding for Kopi Kenangan

Alpha JWC Ventures pours $8 million (equiv. with 121,6 billion Rupiah) funding for Kopi Kenangan. Been operating in 16 locations in Jakarta, Kopi Kenangan is a coffee chain with “grab and go” concept which growth is rapid. It was founded in August 2017 by Edward Tirtanata and James Prananto.

After fundraising, Kopi Kenangan will expand retails to 30 locations before the end of 2018. Next year, they continue for 100 locations all over Indonesia. Founders are confident with the target, of the average sales has reached 175 thousand glasses per month. In addition, funding will be distributed to research and app development activities.

Founder Kopi Kenangan, Edward Tirtanata and James Prananto / Kopi Kenangan

Edward Tirtanata, the Co-Founder & CEO, said that the secret is not only the number of locations/shops, but the quality of its products and recipes. Kopi Kenangan also breaks the foreign brands’ domination with relatively expensive prices for local coffee in town.

Alpha JWC Ventures will support in technology to accelerate business. Jefrey Joe, Alpha JWC Ventures’ Co-Founder and Managing Partner thought technology plays an important role to build a sustainable consumer sector.

“Kopi Kenangan is a good example of technology potential in helping coffee chain which grows rapidly into the bigger scale and create a better experience for customers,” he said.

“We consider Kopi Kenangan not only as a small coffee business but also a thing that can grow into the bigger business with the New Retail concept through technology. Therefore, we decided to partner with Alpha JWC Ventures with an expertise in technology and scale-up,” Tirtanata explained.

The New Retail concept, according to the Co-Founder and COO James Prananto, will be implemented in mobile app development. Some features have been planned are include store search, pre-order, payment support, and many more. The point is to be focused on the more modern user experience.

Previously, East Ventures was doing similar steps. They invested in Fore Coffee. Aside from providing funding, they will also provide incubation, especially to start a digital approach in the sales process.

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Original article is in Indonesian, translated by Kristin Siagian

Alpha JWC Ventures Berikan Pendanaan 121 Miliar Rupiah untuk Kopi Kenangan

Alpha JWC Ventures mengucurkan pendanaan senilai $8 juta (setara dengan 121,6 miliar Rupiah) untuk jaringan Kopi Kenangan. Telah beroperasi di enam belas titik di Jakarta, Kopi Kenangan menjadi coffee chain dengan konsep “grab-and-go” yang cukup bertumbuh pesat. Bisnis tersebut didirikan Agustus 2017 oleh dua orang founder, yakni Edward Tirtanata dan James Prananto.

Pasca pendanaan, Kopi Kenangan menargetkan perluasan kedai menjadi 30 lokasi sebelum akhir tahun 2018. Dan tahun depan akan melakukan ekspansi lanjutan untuk melahirkan 100 kedai di berbagai wilayah. Founder cukup percaya diri dengan target tersebut, pasalnya saat ini rata-rata penjualan sudah mencapai 175 ribu gelas per bulan. Selain itu, pendanaan juga akan difokuskan untuk kegiatan riset dan pengembangan aplikasi.

Co-Founder & CEO, Edward Tirtanata, menyampaikan bahwa rahasia bisnisnya bukan hanya sekadar pada lokasi/jumlah kedai, melainkan pada kualitas bahan produk dan resep yang disajikan. Hadirnya Kopi Kenangan juga untuk mematahkan dominasi merek asing dengan harga yang relatif mahal untuk produk kopi di perkotaan.

Hadirnya Alpha JWC Ventures juga akan memberikan dukungan dari sisi teknologi untuk mengakselerasi bisnis. Menurut Co-Founder & Managing Partner Alpha JWC Ventures, Jefrey Joe, teknologi dalam berperan untuk membangun sektor konsumen secara berkelanjutan.

“Kopi Kenangan adalah contoh yang baik tentang bagaimana teknologi berpotensi membantu rantai kopi yang berkembang pesat untuk skala lebih besar dan menciptakan pengalaman yang lebih baik bagi pelanggan,” ujar Joe.

“Kami melihat Kopi Kenangan bukan hanya sebagai bisnis kedai kopi kecil, tetapi sesuatu yang dapat tumbuh menjadi usaha besar dengan konsep New Retail melalui dukungan teknologi. Oleh karena itu, kami memutuskan bermitra dengan Alpha JWC Ventures yang memiliki keahlian dalam teknologi dan peningkatan skala,” terang Edward.

Konsep “New Retail” tadi, menurut Co-Founder dan COO James Prananto, akan diajawantahkan dalam pengembangan aplikasi mobile. Beberapa fitur yang telah direncanakan termasuk untuk pencarian toko, pre-order, dukungan pembayaran, dan sebagainya. Intinya akan memfokuskan pada pengalaman pengguna yang lebih modern.

Dengan pendekatan yang hampir sama, sebelumnya East Ventures juga melakukan sepak terjang serupa. Mereka berinvestasi untuk startup kopi Fore Coffee. Selain memberikan pendanaan, mereka juga akan memberikan inkubasi, khususnya guna memulai pendekatan digital dalam proses penjualan.

Alibaba dan Guess Demonstrasikan Kemudahan Berbelanja Busana di Toko Retail Masa Depan

Tidak bisa dipungkiri, Alibaba merupakan salah satu yang terdepan dalam mengimplementasikan konsep toko retail masa depan. Raksasa teknologi asal Tiongkok tersebut begitu gencar mempromosikan dan mendemonstrasikan visinya yang bertajuk “New Retail”, dan kolaborasi terbaru mereka bersama brand fashion Guess tidak luput dari konsep tersebut.

Keduanya membuka sebuah toko konsep bernama FashionAI guna mendemonstrasikan kemudahan berbelanja busana di masa depan, yang ditunjang oleh infrastruktur berbasis artificial intelligence. Di dalam toko yang hanya dibuka selama beberapa hari itu, tersembunyi beragam inovasi teknologi yang sangat menarik.

Yang paling utama adalah kehadiran cermin pintar di sejumlah sudut toko, berfungsi untuk menyuguhkan rekomendasi produk berdasarkan pakaian yang konsumen ambil, sehingga konsumen bisa mendapat gambaran berbagai gaya busana yang cocok. Dalam implementasinya, Alibaba juga memanfaatkan teknologi computer vision dan RFID (radio-frequency identification).

Dari situ konsumen bisa menuju ke ruang ganti untuk mencoba sejumlah pakaian yang hendak dibelinya, akan tetapi mereka tidak perlu membawa apa-apa. Cukup pilih pakaian yang diinginkan dan tambahkan ke keranjang belanja virtual melalui cermin pintar itu tadi, maka pegawai toko akan mengantarkannya ke ruang ganti.

Di dalam ruang ganti, konsumen akan kembali disambut oleh sebuah cermin pintar, tapi kali ini tentu saja tanpa ada satu pun kamera. Di situ fungsinya adalah untuk memilih varian warna atau ukuran lain dari pakaian yang dijajal, dan sesaat setelahnya pegawai toko lagi-lagi akan mengantar varian lain sesuai permintaan konsumen.

Bagaimanapun juga, membeli pakaian tetap lebih enak di toko fisik ketimbang online. Inisiatif Alibaba ini sejatinya punya potensi untuk menyelamatkan bisnis retail fashion yang belakangan sering diberitakan terus merosot seiring bertambah banyaknya toko dari berbagai brand yang ditutup.

Sumber: Engadget dan Alizila.

Alibaba’s “New Retail” Concept Becomes Leading Innovation, Trying To Change “11.11 Shopping Party” Paradigm

Contrary to the previous years that focused on record-breaking Gross Merchandise Value (GMV), the giant e-commerce Alibaba has a different approach to measuring the success of the world’s largest 24-hour 11.11 shopping show in 2017. This can be a guidance for local e-commerce activists who have managed the country’s shopping party theme for 11.11 and 12.12.

DailySocial with several other media outlets get a chance to experience the euphoria of Alibaba’s 11.11 this year directly in Shanghai, China. Tmall, the B2C marketplace platform, became Alibaba’s leading platform for shopping party. It was mentioned this year that there are 140 thousand participated brands. Total GMV recorded by Alibaba last year has reached $17.8 billion a day (more than 240 trillion rupiah).

In front of the media, Alibaba Co-Founder and Vice Chairman Joe Tsai revealed, discount is just a method [to increase sales]. Nevertheless, he revealed Alibaba focus for this year’s 11.11 is also about innovative ideas and entertainment elements. Innovative ideas include the use of the “New Retail” scheme that became the company’s new feature.

Tsai continued, GMV is no longer the only important metric at this 11.11 party. In his opinion, another important number is how many people following this 24 hour event, how many orders can be sent, and how many transactions can be handled per second. The last factor is to show the robustness of Alibaba’s system.

Defining “New Retail”

In China, the comparison between offline and online retail schemes is 82% and 18%. The 18% rate is certainly bigger compared to the penetration of e-commerce sectors in other countries, but Alibaba sees far greater potential by combining offline retail, technology, and infrastructure.

Hema, which literally means hippo in Chinese, is the future offline retail prototype to become the embodiment of Alibaba’s vision for the past 2 years.

Hema Supermarket in Shanghai, China / DailySocial

Judging by its cover, Hema looks like an ordinary supermarket. Different new experiences will be felt by entering. Using the Hema app, we can feel how online and offline habits combined.

Consumers can buy goods directly, then paid independently using Alipay, or they prefer the goods to be delivered by courier to their house. The last method is similar to the several ones applied in Indonesia by HappyFresh and Honestbee.

No delivery fee required, no minimum value for each transaction, and maximum radius reached is 3 km. The goods claimed to be able to deliver within 30 minutes.

Alibaba representative said, Hema was developed not to compete with existing brick and mortar businesses. Hema is mentioned to be the prototype of how the offline retail industry is combined with infrastructure and technology. This concept is expected to be adopted by the partners in order to create a better omnichannel experience.

In creating Hema, Alibaba “cuts” the middle man so that the value of the offered goods is claimed to be 10% cheaper than the traditional market.

How to pay in Hema independent cashier / DailySocial

The payment method is interesting. Using standalone cash register, there are 2 types of payment methods after scanning the barcode. The first is using QR code which will be paid later using mobile payment platform Alipay. This is the most common payment method.

The second is using face recognition technology. This method can only be used by Chinese citizens. By entering a phone number, data population in Alibaba database will check the buyer’s validity using face recognition technology. The data then will be linked to Alipay account.

Beside Hema, in several pop up stores Alibaba provides showcase on how technology can improve the experience of people shopping online.

The magic mirror concept, which implements augmented reality concept, helps consumers to stick the lippen without having to use them directly. There is also vending machine that has a touch screen menu to shop online.

RFID tech is used to make cashier scanning much easier / DailySocial

The last is RFID technology utilization which will display the online catalog of the product if applied to a barcode. The same technology will also be developed so that the items placed on a readable RFID surface will be read automatically in the checkout POS without having to manually check the goods barcode.

In Joe’s opinion, currently there is no difference between the purchase online and offline. Sometimes people browse the goods online, then buy offline, or vice versa. The concept of omnichannel experience like this should be the future of the retail industry.

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The original article is in Indonesian, translated by Kristin Siagian