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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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16 Sept 2021

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Latest Indonesia retail stories

the 1st store of Index Living Mall in Jakarta..
Wei ZhangLiving

Index Living Mall opens again in Indonesia

Thai home furnishings retailer Index Living Mall Co Ltd has opened a new store under a partnership with Indonesian-based CT Corp in Jakarta. s in PT Retail’s Transmart Carrefour complex in the city’s CempakaPutih district. It covers 2,500 square metres of…

Kredivo
Aiko TanakaStartups

Indonesia fintech startup Kredivo launches in Vietnam

Indonesian fintech platform Kredivo has announced a Vietnam launch through a joint venture, seeking to offer “buy now, pay later” services. It has partnered with Phoenix Holdings, a company with a diversified portfolio in consumer, financial services, retail…

BCA
Wei ZhangFinance

Indonesia’s Bank Central Asia Targets Digital Growth

Banks are playing catch-up to technology players in one of the world’s largest unbanked markets. Bank Central Asia (BCA) is boosting its digital capabilities amid increased competition from tech players in the banking space, according to a report on…

bank indonesia
Minjun ParkFinance

Indonesia’s Bank Central Asia Targets Digital Growth

Banks are playing catch-up to technology players in one of the world’s largest unbanked markets. Bank Central Asia (BCA) is boosting its digital capabilities amid increased competition from tech players in the banking space, according to a «Bloomberg» report…

subway
Maria SantosFood

Subway plans to start selling into Indonesia

Subway, the world’s largest restaurant brand, has signed an agreement with PT Sari Sandwich Indonesia, a subsidiary of Indonesia’s food & beverage retailer, PT Map Boga Adiperkasa Tbk (MBA), whose parent company is PT Mitra Adiperkasa Tbk (MAP). This…

allianz
Rajiv MenonFinance

Allianz Global Investors to Grow Indonesia Presence

The firm has signed an agreement to acquire an Indonesia-based asset manager, where it aims to create an on-the-ground, market-leading setup to grow its footprint. Allianz Global Investors (Allianz GI) has announced plans to acquire Indonesia’s RHB Asset…

Bukalapak
Minjun ParkE-Tailing

Indonesia’s Bukalapak kicks off $1.1 billion IPO

Indonesia’s Bukalapak launched an up to $1.13 billion IPO ahead of next month’s listing, marking the country’s biggest issue in over a decade amid rising investor appetite for tech stocks in a region boasting a growing consumer class, according to a term…

123360638
Maria SantosGeneral

AirAsia Indonesia To Suspend Flights For One Month

On Saturday, July 3rd, AirAsia Indonesia announced that it would be suspending its operations for at least a month due to the worsening COVID-19 situation in the country. The airline has called its suspension a form of support for the Indonesian government’s…

carwash
Rajiv MenonAutomotive

Car imports from China up 6.5-fold

Vietnam imported 9,400 vehicles from China in the first five months of the year, 6.5 times higher than in the same period last year, according to the customs department. Of them, nearly 5,600 were special purpose vehicles and 2,840 were trucks, with passenger…

Bukalapak
Sarah ChenStartups

Indonesia’s Bukalapak aiming for up to $800 million in IPO

Indonesian e-commerce firm Bukalapak is keen to raise as much as US$800 million in an initial public offering (IPO) in August, two people with knowledge of the matter said, the first of two big tech listings in Jakarta this year that will add long-sought…

Bank Jago
Aiko TanakaFinance

Bank Jago Partners Mambu and Google Cloud for Digital Bank

The strategic partnership allows the bank to operate in the cloud in Indonesia, where banking data must remain in-country, according to an announcement this week. The digital bank will use Mambu’s SaaS banking platform and Google Cloud to offer new services…

grab
Wei ZhangGeneral

Indonesia Tech Giants Complete Merger

Indonesia headquartered on-demand multi-service platform and digital payment technology group Gojek and e-commerce platform Tokopedia have completed Indonesia’s largest-ever deal to create GoTo, Southeast Asia’s largest privately held technology firm. Amid…

Tidak Liburan Ke Luar Kota Ide Staycation Dan Liburan Di Jakarta Ini Akan Sangat Membantu Kalian
Maria SantosGeneral

Indonesia retail sales down 14.6 percent in March

Retail sales in Indonesia fell at a slower pace of 14.6per cent on annual basis in March, compared with an 18.1per cent fall in February, a central bank survey showed on Tuesday. Stronger fuel sales were supportive, although sales of clothes and recreational…

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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