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Indonesia Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.

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18 Oct 2022

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Latest Indonesia retail stories

BliBli
Wei ZhangE-Tailing

Indonesia’s e-commerce platform Blibli plans $528 million IPO

Indonesia’s e-commerce firm Blibli is looking to raise US$528 million during its IPO debut next month, the company said in its prospectus. The company said it plans to sell 17.7 billion shares through the listing at a price range between $0.027 and $0.03,…

Airasia
Wei ZhangGeneral

AirAsia revives routes to Indonesia

AirAsia Malaysia (AK) continues to resume services to Indonesia by adding flights to Banda Aceh, Padang and Pekanbaru from Kuala Lumpur since 1 October 2022. In addition, the airline will launch flights from Penang to Denpasar in Bali starting on 20 October…

vietnam fuel
Rajiv MenonLiving

Indonesia Hikes Fuel Prices To Rein In Ballooning Subsidies

Indonesia raised subsidised fuel prices by about 30% on Saturday, as the government moves to rein in ballooning subsidies despite a risk of mass protests. The price of subsidized gasoline was raised to 10,000 rupiah ($67 U.S. cents) a litre from 7,650 rupiah,…

OG Image GoTo Home
Rajiv MenonStartups

Indonesia’s GoTo posts net loss, warns of volatile market

PT GoTo Gojek Tokopedia – whose businesses straddle e-commerce, on-demand apps and finance – saw its losses between January and June more than double from the same period the previous year. “2022 has been a volatile year in our market and the macro conditions…

Google Cloud
Maria SantosTelecom

Thailand, Malaysia Among the New Google Cloud Regions in APAC

Google has announced that it is planning to expand its cloud services in more countries in the Asia Pacific, including Malaysia and Thailand. The company said in a statement that the move is to meet the growing demand for cloud services in the region.Google…

valentino show fashion
Wei ZhangFashion

Indonesian fashion label Claude launches in Singapore

The store people have been impatiently waiting has finally arrived. The go-to IT fashion brand, Claude, has officially opened its first brick-and-mortar store at Takashimaya Shopping Centre, Singapore on July 29th, 2022. As it always go with Claude, they…

starbucks1
Sarah ChenFood

Starbucks plans rapid expansion in Thailand

Starbucks Thailand has announced an expansion strategy, which calls for opening 30 new coffee shops in Thailand every year until 2024 – 90 in all – according to Bangkok Post. The company claims to be prepared to expand again this year, after sales improved…

people browsing
Wei ZhangTelecom

Indonesia’s Smartphone Market Declined by 17.3% in Q1

Indonesia’s smartphone market had a muted start in 2022, declining 17.3% year over year (YoY) and 13.1% quarter over quarter (QoQ) and reaching 8.9 million units in 1Q22, according to a report by International Data Corporation’s (IDC). Lower consumer buying…

haus1 720x440 1
Rajiv MenonFood

Indonesian beverage chain Haus! completes funding round

Indonesian made-to-order beverage chain Haus! has completed its series B1 funding round to grow its 197-store footprint in Indonesia and develop an app for its customers. Led by Atlas Global Ventures, Hong Kong-based Strategic Holdings and Prasetia Dwidharma,…

Kacific
Rajiv MenonTelecom

Kacific Deploys Over 2,500 Sites for Indonesia’s Government

Kacific Broadband Satellites Group, along with local partners PT Bis Data Indonesia (BIGNET) and PT Primacom Interbuana (PRIMACOM), has completed the deployment of over 2,500 sites, in a record five month timeframe, to provide satellite internet access to…

cebu pacific
Wei Zhang

Cebu Pacific to resume flights to Bali, Hanoi, Sydney

Budget carrier Cebu Pacific recently announced that it is resuming to key international destinations in a bid to boost its frequencies in overseas routes. As more countries ease travel restrictions, the airline said it is resuming flights to Bali, Indonesia;…

gojek
Rajiv MenonGeneral

GoTo shares surge 23 per cent after IPO

Shares of GoTo soared as much as 23 percent in their market debut on Monday after Indonesia’s largest tech company raised $1.1bn in a widely anticipated IPO, setting the mood for other tech offerings. GoTo shares climbed to as much as 416 rupiah ($0.029)…

Retail Academy: Indonesia

Free background guides on how retail works in this market.

  • Indonesia

    Retail in Indonesia

    Around 280 million people, thousands of inhabited islands, dominant convenience and warung trade, and import rules that stop first shipments at the port.

    Asia Market Guides · 12 min read

  • Indonesia

    Consumers in Indonesia

    Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Indonesia.

    Asia Market Guides · 8 min read

  • Indonesia

    Last mile in Indonesia

    How last-mile delivery works in Indonesia, what drives cost per drop, and how to set a service promise you can keep.

    Asia Market Guides · 8 min read

  • Indonesia

    Malls and rents in Indonesia

    Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Indonesia.

    Asia Market Guides · 8 min read

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