The World Bank estimates that the unmet funding needs of small and medium-sized enterprises in these frontier markets comes to US$1.1 trillion.
Internet Penetration Rate 17.1%
Literacy Rate 93%
Indonesia is a tricky market. Though it has immense potential growth over the next decade, the country is comprised of over 10,000 islands, with diverse languages and cultures in many different areas, so reaching out to these people has its own sets of challenges. The tech infrastructure is still growing, too. But where many might see a hindrance at first glance can turn out to be opportunities for savvy players
Country data primarily sourced from World Bank's Data Bank.
With over half of its 3 million users in Asia, Stellar has shown positive growth since its debut last year. Going forward, its going to need local champions to ...
The investment comes one week after the site’s launch, and the funds will be used to grow the team, incorporate new features, and expand in Southeast Asia.
The Korean-owned startup recently secured a seed investment to open a marketplace dedicated to buying and selling in-game currency in Indonesia.
While Indonesia still has the lowest internet penetration, it already has the largest online population, indicating rapid future growth for its gaming industry.
Indosat has issued a public apology and taken down the ad. It was meant as a joke, but nobody’s laughing.
The N3's outlandish looks and oddball features make this lesser-known brand sparkle in the eyes of those looking for something different, alternative, and weird
Two of Indonesia’s ministries have partnered with local telco giant Telkom Indonesia to distribute tablets and ebooks to underprivileged and remote areas.
(Updated on January 12: We removed Sat Nusapersada from this list because the data is still disputable.) Indonesia is one of the biggest smartphone markets in t...
The Indonesian company responsible for the famous photo app PicMix has entered the realm of mobile gaming. Its latest title Copong is a version of classic pong ...
Go-Jek offers three services: transportation, courier, and shopping.
The two telcos say that their crowdfunding site can also be used for idea validation and resource gathering from backers in Indonesia and abroad.
The insurance portal has been running for three months already with decent market traction. Founder Ivan Sunandar shares his insights.
The startup says it’s in detailed conversations with investors for a first round of funding and hopes to corner the market with service quality.
UC Browser now holds 11.1 percent of mobile browser pageview market share worldwide, overtaking Opera for 4th place.
After months of litigation, an Indonesian woman is found not guilty of defamation on social media. The verdict challenges a local law that limits free speech.
Where's the money flowing for earlier stage startups? By narrowing down the playing field to A rounds, you can get an idea (hint: China and ecommerce).
Following an angel investment in August, Indonesia’s anonymous online dating startup Setipe ends the year with news of its romantic success stories.
With its new product, Bornevia ventures into the HR and sales space.
The phone has very decent hardware, but we’re pretty mixed when it comes to its ‘Amigo’ Android skin.