SBI’s $270M Ajaib Deal Signals Growing Confidence in Indonesia’s Crypto
SBI Holdings, a Tokyo-based financial giant, has poured Rp4.8 trillion (approximately US$270 million) to acquire a 20% stake in Indonesian online trading platform Ajaib.
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Quick Commerce in SEA is Worth USD7.3B. Indonesia’s 2.8% Online Grocery Penetration is the Region’s Largest Untapped Market.
USD7.3 billion in GMV across the region in 2025. That figure is 4.6% of regional e-commerce and 0.67% of total retail.
IDX-Listed Tech Companies Just Delivered Their Most Profitable Quarter, with GoTo’s First Net Profit Landing at IDR 171B
Six Indonesian companies (four listed, two pre-IPO) reported results in the same 90-day window pointing in the same direction.
