Indonesia

  • Google confirms investment in Indonesia’s ride-hailing leader Go-Jek

    Google confirms investment in Indonesia’s ride-hailing leader Go-Jek

    Google has confirmed its investment in Go-Jek, the hail-railing service that rivals Uber and Grab in Indonesia. TechCrunch reported the investment earlier this month, which was made alongside China’s Meituan-Dianping and Singaporean sovereign fund Temasek. The trio were part of a final tranche of a $1.2 billion round that Go-Jek began negotiating on last April, with commitments from… Read More

  • Rocket Internet’s Carmudi raises $10M to refocus on Asia following global retrenchment

    Rocket Internet’s Carmudi raises $10M to refocus on Asia following global retrenchment

    Carmudi, a Rocket Internet-backed company that sells cars online in emerging markets, has raised $10 million to develop its business in Southeast Asia after reducing its global footprint. The company was formed in 2013 and, at peak, it grew to cover over 20 markets across Asia, the Middle East, Africa and Latin America. To support that global push, Carmudi raised $10 million in 2014 and then… Read More

  • Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily

    Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily

    A new startup in Indonesia wants to car owners in Southeast Asia’s country sell their vehicle with more security and reliability. BeliMobilGue — meaning ‘Buy My Car’ — was quietly started last year as a joint venture from Berlin-based Frontier Car Group and Intudo Ventures. It acts as a middleman between Indonesia’s car dealers and consumers who want to… Read More

  • Google is investing in Indonesia-based Uber rival Go-Jek

    Google is investing in Indonesia-based Uber rival Go-Jek

    Google is back investing in ride-hailing companies. The U.S. search firm and China’s Meituan-Dianping are among the tech giants set to invest in Go-Jek, the Indonesia-based rival to Grab and Uber, a source with knowledge of discussions told TechCrunch. We understand a deal could be completed as soon as next week, though whether Go-Jek announces it is unclear since it has history of… Read More

  • Crunch Report | Go-Jek Buys Three Startups

    Go-Jek buys three startups, the California Department of Public Health warns against being on your phone for too long and AOL Instant Messenger is officially dead. All this on Crunch Report. Read More

  • Go-Jek buys three startups to advance its mobile payment business

    Go-Jek buys three startups to advance its mobile payment business

    Go-Jek, the company leading Uber and Grab in Southeast Asia’s largest market, has bagged a hat trick of deals to advance its mobile payment strategy. Indonesia-based Go-Jek revealed it has acquired offline payment firm Kartuku, payment gateway Midtrans and payment and lending network Mapan for undisclosed sums. The company started out in 2015 offering a ride-hailing service for… Read More

  • Helpster, a platform for temp job seekers in Southeast Asia, raises $2.5M

    Helpster, a platform for temp job seekers in Southeast Asia, raises $2.5M

    Helpster, a two-year-old startup that connects blue-collar workers with employers in Southeast Asia, has closed $2.5 million in new funding. The startup operates in Thailand and Indonesia with around 50 staff split between Bangkok and Jakarta. It aims to disrupt the temporary worker industry, which is dominated by giants like Adecco and Manpower, by vetting its workers closely and using… Read More

  • Uber doubles down on Indonesia after hiring its first country president

    Uber doubles down on Indonesia after hiring its first country president

    As part of its new approach to Asia, Uber has announced a first president for its business in Indonesia, Southeast Asia’s largest economy and the world’s fourth most populous country. Monika Rudijono will take up the role in January, joining from advertising and marketing firm Grey where she had been presidential director. She’ll report directly to Brooks Entwistle, who… Read More

  • Kaodim raises $7M for its home services platform in Southeast Asia

    Kaodim raises $7M for its home services platform in Southeast Asia

    There’s more funding for Southeast Asia’s growing local services space after Kaodim, a Malaysia-based startup that operates in four countries in the region, raised $7 million. Founded three years ago, Kaodim is a service for booking for hiring a range of services that include cleaning, moving, appliance care, and even photography. The round was led by Square Peg Capital, a… Read More

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