Jofie Yordan

Southeast Asia is often seen as the next growth frontier for tech companies. Over the last two decades, it has been the third-fastest-growing region in terms of annual gross domestic product (GDP).

In wrestling, a handicap match is where one wrestler fights against two allied opponents at once.

Sociolla , the Indonesia-based beauty ecommerce firm, achieved EBITDA profitability in the first quarter of this year, CEO and co-founder Christopher Madiam tells us at the ongoing Tech in Asia Conference in Jakarta.

In May, then-Indonesian President Joko Widodo announced the creation of INA Digital , a govtech platform that aims to aggregate and integrate all digital public services in the country.

US$5 billion. That's the valuation of fintech firm GCash now following its latest funding round from Philippine conglomerate Ayala Corporation and Japanese banking giant MUFG.

In today's newsletter, we look at: Welcome to The Checkout! Delivered every fortnight, this free newsletter breaks down the biggest stories and trends in ecommerce.

The past year has been a mixed bag for Indonesia's proptech scene. Lamudi Indonesia, for one, laid off employees in late 2023.

Dozens of people, including nine recently laid-off employees and 30 worker solidarity members from various companies, held a rally outside Alodokter ‘s Jakarta office on Tuesday.

The rise of ecommerce platforms' in-house fleets continues to erode shipment volumes for Indonesian third-party logistics (3PL) players, many of whom are now asking the government to do more to protect them.

Photo credit: eFishery Indonesia-based aquaculture unicorn eFishery has appointed Adhy Wibisono as interim CEO and Albertus Sasmitra as