The Directorate General of Taxes plans to impose a stamp duty of Rp10,000 on electronic documents in the form of Terms and Conditions for transactions on digital platforms, including e-commerce, with a value of over Rp5 million.
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After going through a lengthy court process since late 2019, GoTo (a collaboration between Karya Anak Bangsa or Gojek and Tokopedia) finally managed to win a lawsuit against Terbit Financial Technology or Terbit Fintech.
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EMTEK through its subsidiary PT KMK bough 724.30 million shares, equivalent to 0.7% of the total shares of Bukalapak. The shares were purchased at a price of Rp317 per share, bringing the transaction value to Rp229.60 billion.
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Voila presents online and offline Convenience Shopping for luxury goods enthusiasts in Indonesia. The company, which was founded by Paul Cahyadi, wants to make it easier for buyers to get goods from luxury brands with guaranteed product authenticity.
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TikTok recently announced the launch of its new all-in-one music platform, SoundOn. The platform is managed by TikTok’s parent company ByteDance. Creators who aspire to be musicians could market and distribute their work to other music platforms, such as Spotify and Apple Music.
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The company behind Shopee SEA announced its retreat from France.This decision comes just a few months after its debut. The Shopee website and app closed its operations on 6 March, while still promising to complete all customers’ paid orders till then.
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The United States Trade Representative (USTR) on 17 February released the 2021 Review of Notorious Markets for Counterfeiting and Piracy or also known as Notorious Markets List (NML).
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Companies are striving to adopt the new startup trends, namely the quick commerce and e-grocery concepts, as their business model. E-grocery startups have also started to proliferate in Indonesia prior to the recent emergence of quick commerce
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Former Bukalapak CEO Rachmat Kaimuddin has joined the Coordinating Ministry for Maritime Affairs and Investment as a special advisor for technology & sustainability development.
Read MoreAlibaba at the 2021 Investor Day that was held on 16-17 December revealed an ambitious vision to grow its Southeast Asian e-commerce arm by 2030
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Highlighting circularity, online luxury fashion retailer Net-a-Porter recently launched a resale service in collaboration with Reflaunt
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Bukalapak in its Q3/2021 financial report revealed that its total processing value (TPV) grew by 45% on an annual basis to Rp31.2 trillion or 51% on a year-to-date basis to Rp87.9 trillion
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Last week on 1 December, to commemorate World AIDS Day 2021, Campaign.com along with Sensitif VIVO held a discussion whose topic revolves around HIV/AIDS in Indonesia.
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Indonesian fashion e-commerce Tinkerlust just launched a new selling method known as Tinkerlust Marketplace a few weeks ago (15 November). With this new selling method, sellers could have full control over the items
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Minister of State-Owned Enterprises Erick Thohir last Friday (19 November) announced that President Joko Widodo will roll out an incentive called the Merah Putih Fund, a financial support targeting Indonesian digital companies
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The Ministry of Manpower on 12 August held an online meeting as a response to a petition posted on change.org demanding the manpower minister to improve the well-being of e-commerce couriers/drivers.
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Bukalapak share price skyrocketed on its debut on the Indonesia Stock Exchange (IDX) today (6 August), hitting the upper limit which then triggered auto rejection (ARA)
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After years of success in the preloved market for women, Tinkerlust decided to tap into second-hand men luxury fashion, launching a men’s preloved line on 2 August
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