indonesia

PropertyGuru aims at growth in Indonesia

Following a relaxation of foreign ownership rules for Indonesian luxury apartments, Southeast Asia’s largest property portal, PropertyGuru, has launched a plan to at least double market share on the island archipelago. Indonesia, which is Southeast Asia’s largest economy, is prime ground to further advance PropertyGuru’s market share, which is at a strong 23 percent according to Bloomberg...

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Indonesian general classifieds startup Jualo wins seed funding

Indonesian general classifieds startup Jualo.com has won seed capital from Mountain Kejora Ventures and Alpha JWC Ventures. The amounts are undisclosed. In a statement, Jualo reported that transactions on the site have exceeded US$100 million over the last few months. The seed funding will be used to expand the Jualo team, accelerate product development and promote the platform in Indonesia....

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New CEO for OLX Indonesia from late April

Daniel Tumiwa has told Tech in Asia that he will take over as CEO of OLX Indonesia from late April. Tumiwa has been VP of digital business at Garuda, Indonesia’s national airline, from April last year. He was previously Garuda’s VP of E-Commerce from June 2013. He currently also serves as chairman of the Indonesian Ecommerce Association (iDEA). (Here’s his LinkedIn...

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New Indonesian recruitment portal wins angel funding

New Indonesian recruitment portal Kerjadulu announced last month it had won a six-figure US dollar angel investment from Mr. Budi Setiadharma, who is Chairman of one of Indonesia’s biggest conglomerates, Astra International. Kerjadulu was set up last year and has been in public beta mode since January this year. The company says it will use the investment, whose exact sum it has not...

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Rumah.com gets new country manager

Indonesia’s real estate site Rumah.com, part of Singapore-based PropertyGuru Group, has a new country manager. Rafael Jeffry Sani took up the position on Sept. 1, but his appointment was only announced officially on Oct. 7. Rumah.com had been without a country manager for a year – since the departure of its managing director Chris Antonius in Sept. 2013. Sani’s country manager...

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IPGA Ltd to acquire Indonesia’s leading property portal, rumah123.com and No. 3-ranked portalrumah danproperti.com

*PRESS RELEASE *FOR IMMEDIATE RELEASE *IPGA Ltd to acquire Indonesia’s leading property portal, rumah123.com and the number 3 ranked portalrumahdanproperti.com* * * *31 May 2010 *– IPGA Ltd (ASX: IPP), the owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), today announced that it has agreed to acquire PT Web Marketing, owner and operator of...

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