Tag Archives: indonesia

Indonesia-based KinerjaPay Announces Partnership with Uber

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Indonesia-based KinerjaPay Announces Partnership with Uber ride sharing hailing e-hailing urban mobility

Joint Promotion with Uber Is Expected To Drive New Users and Increase Revenues JAKARTA, Indonesia, October 16, 2017 /PRNewswire/ — KinerjaPay Corp., (OTCQB: KPAY), a digital payment and eCommerce platform, (KinerjaPay) today announced its partnership with Uber Technologies, Inc., (Uber) the global smartphone-enabled ride-hailing service. Indonesia Ride-Hailing Growth Rate Since its launch in 2012, Uber has become the most recognized

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Malaysian Ride-Sharing May be More than Uber and Grab

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Malaysian Ride-Sharing May be More than Uber and Grab

Two weeks ago, the Malaysian ride-hailing and ride-sharing scene seemed on the verge of a milestone as Uber and the umbrella body of local taxis agreed to join forces. But that alliance has since been put on hold amid fierce opposition by some taxi drivers. Protests against ride-hailing services have continued, the latest coming outside the Malaysian Parliament this week. Yesterday, Malaysia’s neighbouring country Indonesia

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Indonesia Embraces Future Urban Mobility with Hyperloop Joint Venture

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Hyperloop Transportation Technologies COO Bibop Gresta signed a joint venture agreement with private local investors Dwi Putranto Sulaksono and Ron Mullers forming Hyperloop Transtek Indonesia. PLAYA VISTA, Calif., March 8, 2017 /PRNewswire/ — Hyperloop Transportation Technologies (HTT) announced today the signing of an agreement for a feasibility study with a contract value of 2.5 Million USD with private investors. This agreement marks the immediate exploration of the feasibility for

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Foodpanda Indonesia for Sale as Low as $1 Million in Cash or in Kinds

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Foodpanda, the food delivery startup backed by Rocket Internet, is selling its operations in Indonesia and evaluating its presence in the rest of Southeast Asia as part of a push towards profitability. Multiple sources close to the company told TechCrunch that its business in Indonesia, the world’s fourth-most populous country, is available to potential acquirers for less than $1 million — and an all-cash

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Mercedes Benz, BMW & Jaguar Aim Sales Growth in Indonesia

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Premium car makers in Indonesia positive on growth with new models launch and growing upper-middle income class despite market remained flat this year-to-date with slight growth in Q2 driven by Low-Cost-Green-Cars; The latest luxury models, such as those from Germany’s Mercedes-Benz and BMW, as well as English-made Jaguar, stole the spotlight during the ongoing Gaikindo Indonesia International Auto Show (GIIAS)

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Indonesia New Vehicle Sales Increased by 9% in Q2

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JAKARTA – National automotive sales have recovered in the second quarter of this year dominated by low-cost green cars (LCGC). The automotive industry sold 264,000 cars from April to June 2016, 9 per cent more than in the same period of last year according to the Association of Indonesian Automotive Industries (Gaikindo). Indonesian market leader Astra International sold 146,000 cars

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6 Facts about Indonesia E-Commerce & Cash-On-Delivery

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Indonesian startups find ways to overcome the payment infrastructure challenges in the country. One of the most popular ways for online shops to cater to users without credit cards or bank accounts is to offer cash-on-delivery (COD). Users will log on to their favorite e-commerce site, add an item or two to their shopping cart, enter in their address, and then pay

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Dealerships can be ‘PokeStops’ For Millennial Gamers in Malaysia

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Just over a month after it’s official launch, Pokemon Go has, as of this morning (Saturday), arrived in Southeast Asia. A smash-hit title from Niantic and Nintendo , Pokemon Go is an Augmented Reality (AR) game that used Geo-location to allow players to use their smartphones to capture virtual Pokemon in real-life locations. The roll-out covers a total of 14 markets in Asia and

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Astra Group Drive Down Jardine C&C’s Profit

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Challenging conditions, especially in Indonesia, weighed on half-year earnings at conglomerate Jardine Cycle & Carriage. Net profit for the six months to June 30 slid 9 per cent to US$328 million (S$439 million) due largely to lower earnings in automotive group Astra’s financial services and heavy equipment and mining businesses. Revenue for the first half declined 6 per cent to

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Hyundai Indonesia Eyes More CKD Projects From Principal

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Hyundai Indonesia is in talks with its South Korean principal to obtain more completely knocked down (CKD) projects, an executive has said. The company has an assembly plant in Pondok Ungu, Bekasi, West Java, to assemble big, H-1 multipurpose vehicles (MPVs) with 43 percent local content. Hyundai Indonesia exports 250 units per month to Thailand. “We are in discussions with

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