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Indonesia

Lifull Connect buys Lamudi Indonesia and Thailand

Lifull launches SEA Connect Ventures, to consolidate its operations in SE Asia.

DATA VANTAGE: Sleek, Doozy Robotics, and WYZauto in focus

Also read about the headwinds facing Thailand’s startup fundraising scene.

Indonesian F&B operator DailyCo said to acquire Yummy Corp

Move aimed at consolidating market presence and boosting revenue.

Indonesian bakery brand Aoka said to be in talks to raise up to $50m

Aoka is likely to have had conversations with PE firms, SWFs and strategic players.

Grab denies being in talks with Indonesia’s GoTo for a potential acquisition

Media reports have appeared on and off for a few years about a possible merger.

Can Vietnam’s Green SM outdrive local taxi players in Indonesia’s EV race?

Commuters are drawn to Green SM’s EVs, but there are still glitches such as payments.

Wealth fund Danantara Indonesia considers stake in Grab-GoTo deal: report

Move could help ease Indonesia’s concerns of SG-based Grab owning GoTo.

DayOne-INA Indonesian data centre project gets $411m loan from DBS, UOB

The loan is the largest ever rupiah-denominated data centre financing deal.

Data Vantage: GUUD, PEXX, OnlinePajak in focus and other updates

OnlinePajak has issued $5m in new preference shares to Kratos Technology.

Tighter courier norms set to pinch Indonesia’s e-commerce firms

Curbs on delivery pricing and excessive discounts to affect likes of Shopee & Tokopedia.