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Lippo-backed cashless payment service OVO has announced a partnership with Tokopedia, Indonesia’s largest e-commerce platform. OVO said in a statement on Wednesday that the deal would help it cement its position as the country’s largest mobile payment…
Indonesia’s retail/media conglomerate CT Corp is partnering with cinema companies to open movie theatres in its retail complexes. CT retail arm Trans Retail has announced a partnership with Graha Layar Prima, which runs the Korean-owned CGV cinema chain…
Indonesia’s Lippo Group is turning e-commerce, electronic money and other information technology-related enterprises into a new pillar of its business, closely monitoring spending trends to gain a better foothold in the greater Southeast Asian market. The…
Southeast Asian ride-hailing app Grab has agreed to partner Indonesia’s Lippo Group to develop an e-money payments platform within its operations in the country. The partnership is an extension of a strategic deal signed between the two companies in March…
Mbiz.co.id offers an integrated and web-based e-commerce experience. It offers an electronic catalog of thousands of products in various categories, ranging from IT products, stationary and industrial tools to groceries, provided by a number of certified…
Three Indonesian eCommerce platforms are about to be launched – by Astra Graphia, CT Corp and a joint venture formed by the Salim and Lotte Groups. This comes after forays into eCommerce in the past 12 months by such Indonesian conglomerates Lippo Group…
Singapore sovereign wealth fund GIC has increased its exposure to Indonesia’s growing middle class by investing 5.2 trillion rupiah ($385 million) in Trans Retail, the main retail arm of conglomerate CT Corp. CT Corp’s businesses span television and online…
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