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 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