Lippo Group

Retail Asia02/11/2018

Lippo-backed cashless payment service OVO has announced a partnership with Tokopedia, Indonesia’s largest e-commerce platform. OVO said in a statement on Wednesday that the deal would help it cement its position as the country’s largest mobile payment platform in terms of transaction volume and reach. “The partnership will add Tokopedia’s close to 80 million active […]

Retail Asia25/01/2017

Indonesia’s retail/media conglomerate CT Corp is partnering with cinema companies to open movie theatres in its retail complexes. CT retail arm Trans Retail has announced a partnership with Graha Layar Prima, which runs the Korean-owned CGV cinema chain (formerly known as Blitz Megaplex), to develop cinemas at CT’s Transmart Carrefour stores across Indonesia. Launched last […]

Retail Asia11/11/2016

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Indonesia’s Lippo Group is turning e-commerce, electronic money and other information technology-related enterprises into a new pillar of its business, closely monitoring spending trends to gain a better foothold in the greater Southeast Asian market. The next phase for the banking and real estate conglomerate “will be the fourth industrial revolution,” CEO James Riady told […]

Retail Asia25/07/2016

Southeast Asian ride-hailing app Grab has agreed to partner Indonesia’s Lippo Group to develop an e-money payments platform within its operations in the country. The partnership is an extension of a strategic deal signed between the two companies in March this year. According to the agreement, Lippo Group will develop a universal payments platform that […]

Retail Asia28/03/2016

Mbiz.co.id offers an integrated and web-based e-commerce experience. It offers an electronic catalog of thousands of products in various categories, ranging from IT products, stationary and industrial tools to groceries, provided by a number of certified vendors in Indonesia. “The value of sales from online retail in Indonesia is less than 1 percent of the total […]

Retail Asia08/03/2016

Three Indonesian eCommerce platforms are about to be launched – by Astra Graphia, CT Corp and a joint venture formed by the Salim and Lotte Groups. This comes after forays into eCommerce in the past 12 months by such Indonesian conglomerates Lippo Group (MatahariMall and Venturra Capital), Sinar Mas Group (SMDV) MNC Group (BrandOutlet) and […]

Retail Asia29/02/2016

Singapore sovereign wealth fund GIC has increased its exposure to Indonesia’s growing middle class by investing 5.2 trillion rupiah ($385 million) in Trans Retail, the main retail arm of conglomerate CT Corp. CT Corp’s businesses span television and online media to retail, banking and amusement parks. Its retail arm Trans Retail, formerly a local unit […]

Tag: Lippo Group

OVO lead in Cashless Payment Race in Indonesia

CT Corp moving to open cinemas

Lippo Group betting on e-money in digital age

Grab partners Lippo Group for e-payment platform

Lippo Group Launches Web-Based E-Procurement Service Mbiz.co.id

Tough battle brews in Indonesian eCommerce

Fund expands Indonesia exposure, buys into retail