business Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/business/ Latest business news media headlines platform today | Lets talk Business Wed, 21 Feb 2024 07:49:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://heaptalk.com/wp-content/uploads/2025/04/cropped-fav-icon-48x48-1-32x32.png business Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/business/ 32 32 Indosat bags revenue of USD3.27 billion in 2023, recorded double-digit EBITDA growth https://heaptalk.com/industry/indosat-bags-revenue-of-usd3-27-billion-in-2023-recorded-double-digit-ebitda-growth/ Thu, 08 Feb 2024 05:14:43 +0000 https://heaptalk.com/?p=23003 Heaptalk, Jakarta — Global telco company Indosat Ooredoo Hutchison (ISAT) reported a strong improvement by enhancing its revenue of 10% year on year (yoy) with a total earnings of Rp 51.2 trillion or around USD3.27 billion (USD1 equals 15,650). This positive result was driven by several factors, including the enhancement of service quality and positive […]

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]]> Insurtech startup Qoala seizes US$65M in Series B round https://heaptalk.com/industry/insurtech-startup-qoala-seizes-us-65-million-in-series-b-round/ Fri, 13 May 2022 08:16:25 +0000 https://heaptalk.com/?p=4092 Heaptalk, Jakarta — Indonesia’s insurtech startup Qoala announced its newest milestone by obtaining a Series B funding round worth US$65 million. The company will broaden its existence across Southeast Asia and improve its product and service to present a seamless insurance platform with its latest funds. As it is known, this funding round is led […]

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]]> East Ventures collects USD550 million to inject growth-stage startups https://heaptalk.com/industry/east-ventures-collects-usd550-million-to-inject-growth-stage-startups/ Thu, 12 May 2022 05:47:27 +0000 https://heaptalk.com/?p=4077 Heaptalk, Jakarta — East Ventures, a prominent Indonesia-focused venture capital firm, announced to raise USD550 million for its multi-stage funds. This VC company will pour out its latest capital to invest in Indonesia and Southeast Asia startups. Co-Founder and Managing Partner of East Ventures, Willson Cuaca, shared that he has strong optimism towards Indonesia-based startup potential […]

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]]> Rolled out last March, Hyundai IONIQ 5 booking sales attain 1,700 units https://heaptalk.com/industry/rolled-out-last-march-hyundai-ioniq-5-booking-sales-attain-1700-units/ Wed, 11 May 2022 08:48:15 +0000 https://heaptalk.com/?p=4078 Heaptalk, Jakarta — PT Hyundai Motors Indonesia (HMID) announced that IONIQ 5, Hyundai’s latest battery electric vehicle (BEV) that has released last month, has attained a booking sales rate of 1,700 units across Indonesia. Perceiving the duration of its launch and the number of sales, IONIQ 5 has managed to captivate consumers’ appetites. Based on Hyundai’s […]

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]]> Indonesia’s NOICE lands $22M Series A https://heaptalk.com/whats-on/indonesias-noice-lands-22m-series-a/ Thu, 21 Apr 2022 11:22:10 +0000 https://heaptalk.com/?p=4009 Heaptalk, Jakarta — NOICE, Indonesia’s digital audio content platform, announced to bag USD22 million in a Series A funding round. This round was led by a well-known private equity firm Northstar and its existing investors, falling into Alpha JWC, Go-Venture, and Kinesys. With regards to the use of this new capital, the CEO of NOICE Rado […]

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]]> OFF FOODS secures USD1.7 million seed funding from Alpha JWC Ventures https://heaptalk.com/industry/off-foods-secures-usd17-million-seed-round-from-alpha-jwc-ventures/ Wed, 20 Apr 2022 09:00:12 +0000 https://heaptalk.com/?p=3993 Heaptalk, Jakarta — OFF FOODS, an Indonesian-based food-tech startup, has seized its Seed funding round worth USD1.7 million. The company plans to manage its fresh seed capital to invest in its research and development of new OFF MEAT variations and expand its business network in Indonesia’s cities while also implementing a direct-to-customer method to gain […]

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]]> GoTo IPO, does the share worth buying? https://heaptalk.com/news/goto-ipo-does-the-share-worth-buying/ Tue, 05 Apr 2022 09:28:29 +0000 https://heaptalk.com/?p=3774 Heaptalk, Jakarta – the IPO of GoTo, a leading ride-hailing and e-commerce Group from Indonesia, is ongoing and will close on April 7th, 2022, and based on the estimation, the Group will officially be listed on Indonesia Stock Exchange (IDX) on April 11th, 2022. Priced at Rp338 from the initial range of Rp316 – Rp346, […]

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]]> TipTip closes USD10 million of pre-seed funding https://heaptalk.com/industry/tiptip-closes-usd10-million-of-pre-seed-funding/ Thu, 31 Mar 2022 10:01:08 +0000 https://heaptalk.com/?p=3701 Heaptalk, Jakarta — TipTip, a platform for content creators in Southeast Asia, has bagged USD10 million in its pre-seed funding round. The fundraising was led by East Ventures, and followed by EMTEK, Vertex, SMDV, and several leading family offices. By obtaining the fresh capital, TipTip plans to expand its coverage to reach and empower the […]

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]]> GoTo embarks its book building, targeting to bag US$1.1 billion on IPO https://heaptalk.com/news/goto-embarks-its-book-building-targeting-to-bag-us1-1-billion-on-ipo/ Wed, 16 Mar 2022 08:04:41 +0000 https://heaptalk.com/?p=3618 Heaptalk, Jakarta — PT GoTo Gojek Tokopedia Tbk (GoTo), Indonesia’s ride-hailing, e-commerce, and fintech group announce to kick off its debut on Indonesia Stock Exchange (IDX). The book-building has been started yesterday, March 15th, and will end on March 21st, 2022.   “After book-building is done, we predict that the effective date of IPO (released by Financial […]

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]]> Oppo collaborates with Shopee in presenting Reno7 5G exclusive bundling https://heaptalk.com/whats-on/oppo-collaborates-with-shopee-in-presenting-reno7-5g-exclusive-bundling/ Sat, 12 Mar 2022 07:22:43 +0000 https://heaptalk.com/?p=3600 Heaptalk, Jakarta – After officially rolling out Reno7 5G on March 2nd, 2022, Oppo Indonesia has promptly opened the exclusive sales in Oppo Official Store in Shopee. The collaboration between Oppo and Shopee will enable its customers to seize special offerings. In addition, the action will assist Oppo to expand its market penetration by reaching […]

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]]> SEOCon Jakarta 2022 to boost digital marketing strategy https://heaptalk.com/industry/seocon-jakarta-2022-to-boost-digital-marketing-strategy/ Fri, 11 Mar 2022 08:59:48 +0000 https://heaptalk.com/?p=3591 Heaptalk, Jakarta — The SEO industry has continued to grow in recent years to provide solutions and bring tangible transformation in every phase of the business. Seeing this significant growth, SEOCon Jakarta, the digital marketing conference, announced its return to share various insights with companies from multiple sectors to develop their business digitally. This conference […]

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]]> Medco Energi completes acquisition of ConocoPhillips assets https://heaptalk.com/news/medco-energi-completes-acquisition-of-conocophillips-assets/ Thu, 03 Mar 2022 09:48:33 +0000 https://heaptalk.com/?p=3542 Heaptalk, Jakarta –PT Medco Energi Internasional Tbk (MEDC) announced the completion of all the shares of Phillips Investments Inc. from ConocoPhillips Indonesia Holding Ltd. (CIHL). Currently, CIHL owns 100% of ConocoPhillips (Grissik) Ltd (CPGL), which serves as the Operator of the Corridor PSC with a 54% working stake, and 35% of Transasia Pipeline Company Pvt. […]

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]]> Indonesia’s Broom secures US$3 million in pre-seed funding, led by AC Ventures https://heaptalk.com/industry/indonesias-broom-secures-us3-million-in-pre-seed-funding-led-by-ac-ventures/ Fri, 25 Feb 2022 08:14:47 +0000 https://heaptalk.com/?p=3493 Heaptalk, Jakarta — Broom, Indonesia’s auto-financing company that provides an end-to-end financial solution for auto dealer inventories, is reported to raise US$3 million in a pre-seed funding round. This round was led by AC Ventures, followed by Quona Capital and several high-portfolio angel investors, spanning Founders of Indonesia’s Unicorn startups, Kopi Kenangan and Lummo. Based […]

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]]> Wootag secures US$ 1,7 million from Series A funding round https://heaptalk.com/industry/wootag-secures-us-17-million-from-series-a-funding-round/ Thu, 13 Jan 2022 05:51:18 +0000 https://heaptalk.com/?p=3132 Heaptalk, Jakarta — Wootag, a Singapore-based prominent visual marketing SaaS company providing interactive visuals and insights for marketers, announced has obtained USD 1,7 million (1 USD equals Rp. 14,330) in Series A funding. This fundraising was led by Cornerstone Venture Partners Fund (CSVP) and Wavemaker and SEEDS Capital as the existing investors.   This investment […]

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]]> Aston Priority’s new “lust”: provides Korean Style menu and Healthy Drink https://heaptalk.com/industry/aston-prioritys-new-lust-provides-korean-style-menu-and-healthy-drink/ Sun, 09 Jan 2022 14:49:48 +0000 https://heaptalk.com/?p=3099 Heaptalk, Jakarta — Welcoming 2022, Aston Priority Simatupang Hotel and Conference Center delivers its latest food and beverage promotion to pamper the taste buds of culinary lovers. At this moment, the Hotel has created Korean Beef Galbi and a healthy fresh beverage, Purple Haze.   The special formula of these two brand new menus was created directly by […]

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]]> Aston Priority’s secret to stand tall amidst the pandemic https://heaptalk.com/industry/aston-prioritys-secret-to-stand-tall-amidst-the-pandemic/ Wed, 05 Jan 2022 11:41:43 +0000 https://heaptalk.com/?p=3072 Heaptalk, Jakarta – As the covid-19 has spread worldwide, travel and tourism have become the sector that has been hit the most. The hospitality industry, such as hotel, has profoundly severe towards the condition. However, during the great shock, Aston Priority and Convention Centre has implemented strategies to address the crisis, and further, proving that […]

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]]> Lalamove to provide multi-stop feature https://heaptalk.com/industry/lalamoves-new-feature-to-unlock-msmes-business-opportunity/ Sat, 25 Dec 2021 12:43:59 +0000 https://heaptalk.com/?p=2966 Heaptalk, Jakarta — Lalamove, Indonesia’s prominent technology company that serves instant (on-demand) delivery, announced to present the latest innovation, namely multi-stop feature to access 19 delivery points differently in a single shipment. The giving of the newest feature contemplates facilitating Lalamove’s partners, particularly local MSMEs, to expand its business opportunity. The City Director of Lalamove […]

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