A deepening of services has gained the health tech startup more market traction, which in turn has won them more corporate partners.
Lippo Group’s retail arm PT Matahari Department Store Tbk (Matahari) has dived into e-commerce with the launch of MatahariStore.com.
MatahariMall.com announces an equity round of US$100 million (RM418.93 million) led by Japanese conglomerate Mitsui & Co, with participation from new and existing investors.
An 88-year old billionaire in Indonesia and a 40-something property developer in Malaysia make the case for adopting and adapting to digital, writes Karamjit Singh.
In the middle of the battleground between startups and traditional companies, there is space for collaboration – if both parties can stop looking at each other as threats, that is.
The days when Internet companies dominated the e-commerce markets in South-East Asia may be coming to an end, writes Karamjit Singh.