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View all search resultsRising commodity prices because of the conflict between Russia and Ukraine threaten to hinder Southeast Asian countries’ recovery from the pandemic, which in turn can heighten the risk of political and economic instability, including to Indonesia.
Digital payment is becoming more and more prevalent in Indonesia. This shift began when banks began adopting digital channels, such as phone, SMS and/or mobile banking around three decades ago. These are more "conventional” digital payments.
With the latest investment from Gojek, LinkAja has raised a total investment of more than US$100 million through its series B funding. The investment came after ride-hailing company Grab led a $100 million funding for LinkAja in November last year.
Gojek bought a total of 1.96 billion of Bank Jago’s shares, or equal to an 18.02 percent stake in the bank, through PT Dompet Karya Anak Bangsa, which operates payment service GoPay, at the negotiated market.
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