Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
Almost a year since its introduction in the Klang Valley area, AirAsia food is now set to spread its wings to other major cities in the country starting with Johor and Penang next month. AirAsia Bhd chief executive officer Riad Asmat said the business was…
Retail sales in Indonesia dropped 16.3% year-on-year in November following a 14.9% fall a month earlier, a central bank survey showed on Tuesday. Sales of telecommunication types of equipment and other household goods contracted in November, the survey…
The Indonesia-headquartered super-app is reportedly in advanced merger talks with local e-commerce marketplace Tokopedia, ahead of a planned initial public offering of the combined entity. Indonesia’s two most valuable start-ups have signed a detailed term…
The Indonesia-headquartered super-app is increasing its stake in Bank Jago as part of its bid to accelerate financial inclusion in Asia. Gojek’s payments and financial services arm GoPay will own 22.2 percent of Indonesia’s Bank Jago, up from 4.1 percent, as…
Chinese firm ZA Tech Global is partnering Indonesian payments giant Ovo to offer Indonesian insurance companies access to its proprietary insurtech capabilities and applications. BCP, the holding company of Indonesia’s leading e-wallet Ovo, and ZA Tech…
Omnichannel fashion retailer Pomelo has launched in Indonesia with its first store at Central Park Mall, Jakarta. The new store features a new design with an entirely different interior layout and looks to stores elsewhere in Southeast Asia. Pomelo Indonesia…
Retail sales in Indonesia dropped 14.9% on a yearly basis in October, the biggest fall since June and after an 8.7% fall in September, according to a central bank survey released on Thursday. Sales of food, beverages and tobacco products contracted in…
It may not be haute couture, but former Indonesian school teacher turned tailor Fredi Lugina Priadi has found a lucrative market for his cat fashions, creating unique costumes and cosplay outfits for cats. After quitting his job as a teacher, he tried his…
The extension will support monetary and financial stability in both countries amid the COVID-19 pandemic, MAS said. Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have agreed to extend a $10 billion bilateral financial arrangement for…
Beauty technology company Social Bella announced its first overseas expansion with the launch of the beauty e-commerce platform Sociolla in Vietnam. Demand from beauty enthusiasts in Vietnam was one of the company’s considerations, following a US$58 million…
Tesla is reportedly planning to build a facility for making batteries in Indonesia a report by CNBC revealed. “Minister of Industry (Menperin) Agus Gumiwang confirmed about Tesla’s plan, he said that Tesla would later be directed to build a factory in Batang.…
The cross-border payments specialist is integrating e-wallet leaders Doku and Ovo into its global portfolio. The new integrations help to accelerate market entry and boost conversion for businesses hoping to tap on Southeast Asia’s largest e-commerce market,…
The Singapore-based digital wealth engagement solutions provider has its sights on the retail and affluent banking segments in Indonesia. New Wealth has inked a strategic partnership with digital engineering firm HAXtech to distribute its solutions to banks,…
AirAsia’s founder Tony Fernandes is building what he hopes will be the region’s next “super app” as he deals with the coronavirus travel downturn. He wants to rival the likes of Grab, GoJek, and WeChat with an all-in-one app for food delivery, shopping,…
June Indonesian retail sales fell 17.1 percent over the same month last year – but that decline was slower than during the previous month. According to data from the country’s central bank, retail sales fell by 20.6 percent in May, as the Covid-19 pandemic…
Indonesian cafe chain Maxx Coffee has launched its first international outpost in Singapore as the first move towards expansion in Asia. Partnering with local operator Oue Restaurants, the new outlet opens today at Jem serving Indonesian single-origin coffee…
Free background guides on how retail works in this market.
Indonesia
Around 280 million people, thousands of inhabited islands, dominant convenience and warung trade, and import rules that stop first shipments at the port.
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Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Indonesia.
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How last-mile delivery works in Indonesia, what drives cost per drop, and how to set a service promise you can keep.
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Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Indonesia.
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