Indonesia
Indonesia’s Bukalapak reverses loss as net profit soars over 400% in 9M
Indonesia’s Bukalapak reverses loss as net profit soars over 400% in 9M
Its income stood at IDR3.61t over the said period.
Inflationary pressures to hit Indonesia's retail sector: report
Indonesia is expected to end the year with inflation at 5.5% YoY.
Consumer spending in Indonesia to see ‘strong growth’ in 2022
But it will slip slight in 2023.
Bright future ahead for Indonesia’s luxury market
A large pool of consumers in the country remains underserved.
Here’s why HappyFresh goes all-out on tech and product
Out of its 400 employees, half are assigned to the technology and products department.
PT Supra Boga Lestari Tbk (Ranch Market & Farmers Market) wins three major awards in the 17th Retail Asia Awards
It was awarded the Store Design of the Year (Large), Supermarket of the Year, and Sustainability Initiative of the Year.
Melandas Indonesia powers through with the Furniture Retailer of the Year award at the Retail Asia Awards 2022
Its ‘La-Z-Boy Weekend Comfort Programme’ and dynamic expansions helped Melandas win the top award.
MPPA sales grow 9.2% amidst social restrictions and scarcity of cooking oil
PT Matahari Putra Prima Tbk. (MPPA) recorded total sales of IDR1.69t ($112.41m) in the first quarter of 2022.
Retail ‘war’ starts even before shoppers enter the store: Alfamart
At the front line is Alfamart's CRM platform that analyses consumer shopping behaviour.
Consumer spending in Indonesia to see ‘solid growth’ in 2022
This comes as Indonesia further eases pandemic-related restrictions.
Brand aggregator Grow Commerce raises $7m in seed round
The Indonesia-based company will use the funds to acquire more brands.
Indonesia’s e-commerce market to grow 23.8% to $30b in 2022
It is expected to reach $53.8b in 2025, according to GlobalData.
Starbucks launches interactive experience centre in Indonesia
The centre teaches customers about Starbuck’s coffee making process.
Indonesia’s Kopi Kenangan hits unicorn status with $96m funding
It seeks to expand its new brands and broaden its coffee business’ reach internationally.
Danone Indonesia receives COVID Management Initiative of the Year in FMCG Awards 2021
As a leading food and beverage company, Danone Indonesia shows its resiliency, adaptability and reliability in weathering the COVID-19 pandemic.
Danone-AQUA recognised with ESG Initiative of the Year – Indonesia in FMCG Asia Awards
Its sustainable practices won the company an award in the inaugural programme.
Indonesia’s biggest bottled water producer Danone-AQUA wins Consumer Good of the Year at FMCG Awards 2021
With two-thirds of the population lacking access to safe drinking water, the homegrown brand stays as a household name in Indonesia to date for its sustainable practices and innovative solutions.