86 Percent of Indonesian MSME Businesses Depend on the Internet: Minister
President Joko Widodo had conveyed directions regarding the acceleration of the digital transformation of Indonesian MSMEs.
President Joko Widodo had conveyed directions regarding the acceleration of the digital transformation of Indonesian MSMEs.
At least 15 million consumers are expected to use the method nationwide.
Under the Gotong Royong (Mutual Cooperation) Share Program, GoTo is set to distribute the companys shares to eligible drivers in Indonesia.
The report surveyed 1,350 consumers in nine countries who have made digital transactions in the past 12 months.
Television was the most preferred channel for advertising and made up 78.2 percent of the total spending.
Previously, Infokost.id was part of Djarum Group-owned venture builder GDP Venture.
Digital transformation and its utilization must be spread evenly and not only concentrated in metropolitan cities. Tier 2 and 3 cities have great opportunities in the next decade
The Ministry looks to focus the funding for local startups to ensure the soon-to-be unicorns continue their operations in Indonesia.
Daily transaction made by SMEs increased by up to 70 percent in 2021.
Edutech startup Cakap has secured US$10 million in a Series B funding, which was co-led by Centauri Fund MDI Ventures and Heritas Capital.
In 2021, the number increased by 49 percent to reach approximately $70 billion as compared to the figure in 2020. The growth of our digital market was accelerated due to the pandemic," President said.