Indonesia’s antitrust agency (KPPU) has officially approved TikTok’s acquisition of a 75.01% stake in Tokopedia for US$840 million —on the condition that five key requirements are met. These include: ...

Following its acquisition of 75.01% of Tokopedia, TikTok is under investigation by Indonesia’s antitrust agency (KPPU) for potential monopolistic practices. The agency raised concerns over market ...

Singaporean startups secure significant late-stage funding: Insurtech firm Bolttech raised US$147 million in Series C funding, reaching a US$2.1 billion valuation. Wealth platform Syfe also closed an ...

🚨 What's New. Here are the most compelling developments from Indonesia’s startup ecosystem this past week: Indonesian OTT platform Vidio has reportedly reached unicorn status, with a valuation ...