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Bukalapak

Investing over spending: Banks, e-commerce firms cater to shifting consumer preference
Business 5 years ago

Investing over spending: Banks, e-commerce firms cater to shifting consumer preference

Bank Indonesia (BI) data shows that the country's loan growth stood at just 1.04 percent year-on-year (yoy) in August while third-party funds soared 11.64 percent annually.
Bukalapak launches fintech arm for mutual funds product
Business 5 years ago

Bukalapak launches fintech arm for mutual funds product

Bukalapak has become the first online marketplace to aquire mutual fund selling agent (APERD) license from the Financial Services Authority.
Digital platforms ramp up security to tackle ‘social engineering’, fraud
National 5 years ago

Digital platforms ramp up security to tackle ‘social engineering’, fraud

As people become more dependent on digital platforms, the frequency of online fraud and social engineering is expected to increase in the next few months, says researcher. 
Start-up giants race to digitize ‘warung’
Business 5 years ago

PREMIUM
Start-up giants race to digitize ‘warung’

Homegrown start-up giants are tapping into the underserved sector of warung (kiosks), as the COVID-19 pandemic accelerates the digitalization of small enterprises.
Bukalapak gains 3 million new merchants, mostly in smaller cities
Business 5 years ago

Bukalapak gains 3 million new merchants, mostly in smaller cities

E-commerce platforms in Indonesia, including Bukalapak, have seen rapid growth in transactions and user activity as the COVID-19 pandemic has pushed consumers away from brick-and-mortar stores and toward online marketplaces.
Appointment of new Telkom head marks another start-up takeover
Politics 5 years ago

Appointment of new Telkom head marks another start-up takeover

On Monday, the country's trend of appointing tech CEOs to government positions continued with the appointment of Fajrin Rasyid, cofounder and CEO of e-commerce unicorn Bukalapak, as a director of state-owned telecommunication firm PT Telekomunikasi Indonesia (Telkom).
SOE Ministry appoints Bukalapak cofounder as new Telkom director
Business 5 years ago

SOE Ministry appoints Bukalapak cofounder as new Telkom director

The State-Owned Enterprises (SOEs) Ministry has appointed e-commerce unicorn Bukalapak cofounder Fajrin Rasyid as a director of state-owned telecommunication firm PT Telekomunikasi Indonesia (Telkom), as the company eyes a digital business expansion.
COVID-19 helps create new normal in online shopping: Survey
Business 5 years ago

COVID-19 helps create new normal in online shopping: Survey

Thirty percent of the survey respondents said they were new to online marketplaces, 40 percent of whom said they would keep using e-commerce after the outbreak was over.
COVID-19-free hospital letters offered on e-commerce platforms
National 5 years ago

COVID-19-free hospital letters offered on e-commerce platforms

Screenshots making the rounds on social media showed the letter was being sold for between Rp 70,000 (US$4.70) and Rp 39 million per copy.
E-commerce platform Bhinneka.com reported to be latest target of data theft
Business 5 years ago

E-commerce platform Bhinneka.com reported to be latest target of data theft

The data of up to 1.2 million Bhinneka.com users is reportedly being sold on the dark web for US$1,200 by a hacker group called ShinyHunters.
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