Sinar Mas
Sinar Mas is a brand of companies, active in seven business pillars: Pulp & Paper, Agri-business & Food, Financial Services, Developer & Real Estate, Communications & Technology, Energy & Infrastructure, and Healthcare. All of these businesses managed independently, but shared a common corporate history and values.
Indonesian OTT platform Vidio reportedly hits $1b valuation
Recent funding includes an investment of nearly US$2 million from a subsidiary of Sinar Mas.
Minh Le · · 3 min read
Sinar Mas digital arm starts building AI data center
This facility is a collaboration with Korea Investment Real Asset Management (KIRA) and LG Sinar Mas.
Grace Priscilla Teo · · 1 min read
Indonesian telcos XL Axiata, Smartfren explore potential $3.5b merger
Parent companies Axiata Group and Sinar Mas have entered into a non-binding memorandum of understanding to explore the deal.
Lokesh Choudhary · · 1 min read
In 50 Words: Axiata, Sinar Mas consider merger of Indonesian telco operations
Malaysia’s Axiata is the owner of carrier XL in Indonesia, while Sinar Mas owns Smartfren.
Patrick Arya · · 1 min readA two-pronged approach to create Indonesia’s Silicon Valley
We explore Sinar Mas Group’s plans for building Indonesia’s Silicon Valley and look at impending job cuts at Amazon and Salesforce.
Jonathan Chew · · 5 min readSinar Mas Land’s dual approach to create Indonesia’s Silicon Valley
The company’s new investment arm scouts startups to join its ecosystem while the tech hub is designed to house innovation builders.
Dhania Putri Sarahtika · · 6 min readIndonesia’s Dana joins unicorn club
This comes after Sinar Mas Group and Lazada’s investments in the e-wallet.
Jofie Yordan · · 1 min readLazada-backed Dana finds new momentum as it looks beyond payments
The Indonesian e-wallet plans to expand its financial services with lending, insurance, and wealth management for its next phase of growth.
Jofie Yordan · · 5 min readSinar Mas units set to invest $225m into Indonesian e-wallet Dana (Updated)
After the deal, Sinar Mas subsidiary DSST Dana Gemilang will become one of the largest shareholders of Dana.
Aditya Hadi Pratama · · 2 min readMapping Indonesian conglomerates’ tech activities
For decades, Indonesia’s largest corporations have survived by adapting to changing circumstances. Now, with the advent of tech, they must transform again.
Simon Huang · · 6 min read