Indonesia prepares new e-commerce tax policy amid industry pushback; SEA e-commerce hits $145B with AI-led growth potential; ...

KPPU approves TikTok’s $840M Tokopedia deal under strict terms, while GoTo-Grab merger hits regulatory walls. Indonesia’s sovereign wealth fund Danantara ramps up global and local investments with ...

Say hello to Indonesia Innovation Intelligence (III) by DailySocial, your smart, cheeky, and insightful guide to Indonesia’s booming tech and innovation scene. What’s in it for you? 🚀 Updates on the ...

Startup funding momentum continues with Rekosistem, Arysun, and One% Nutrition raising capital. Toyota invests $120M into OLXmobbi, and Grab’s proposed Gojek acquisition raises competition concerns in ...

💸 Amartha secures US$55M from global development finance institutions. Fintech platform Amartha, known for its microloans to rural women entrepreneurs, has raised US$55 million from a syndicate of ...

🚨 What's New Here are the most compelling developments from Indonesia’s startup ecosystem this past week: Indonesian OTT platform Vidio has reportedly reached unicorn status, with a valuation ...

Danantara is reportedly exploring a minority stake in Grab’s proposed US$7 billion acquisition of GoTo Group. The involvement aims to mitigate regulatory concerns about foreign acquisition of a major ...

Investree sues Indonesia’s financial regulator over license revocation ⚖️, global AI mobile apps surge to $2B revenue 💰, and ethical concerns arise in AI model development 🤖. Stay ahead with the ...

2. Klook, Asia’s leading travel experiences platform, secured US$100 million in fundingled by Vitruvian Partnersto expand its reach and serve the growing market of next-generation travelers.

Dear readers,#1 Google Fined $12.5M for Monopolistic Practices in the Play Store Indonesia’s Competition Commission (KPPU) fined Google LLC $12.5M (approx. IDR 202.5 billion) for monopolistic ...