Indonesian Finance Minister Sri Mulyani: Amazon plans to enter the country

The plan has been an on-going discussion with Indonesia's Finance Ministry 

Indonesia, Philippines-focused impact fund Meloy Fund I makes final close at US$22M

Dutch development bank FMO has invested US$5M in Meloy Fund I, which is dedicated to supporting sustainable coastal fisheries 

Indonesian B2B marketplace Ralali raises US$7M for Thailand expansion

Led by Japan's SBI Group, the round also saw participation from Addventures and startup incubator-cum-investor Digital Garage 

Go-Jek acquires Indonesian adtech startup Promogo, introduces Go-Vend and Go-Ice

The acquisition enables Go-Jek drivers to earn extra income by having brands advertise on their vehicles, and even provide product samples in cars 

I tried out JDVirtual for grocery shopping. Fun and convenient, but is it worth the price?

The launch of JDVirtual followed the opening of cashier-less store JD.ID X at a shopping mall in North Jakarta 

Go-Jek reportedly raising US$2 billion round

The news comes on the heels of Grab President Ming Maa said the company wants to wrap up another US$1 billion before the end of year 

Grab Ventures has confirmed taking a minority stake in HappyFresh

After rumours about investment going around following the partnership between the two companies, Grab's Chris Yeo finally confirmed the news 

Loyalty program tech startup Member.id secures Pre-Series A funding

The loyalty tech startup plans to use the fresh fund from East Ventures and ACE Capital for new product development 

WeLab joins with Astra to bring online-only consumer lending solutions to Indonesia

The Hong Kong-based financial technology company will be officially operating in Indonesia in joint venture with PT Astra International