Indomaret

Retail Market in Indonesia to grow by USD 49.56 billion from 2023 to 2028; market is fragmented due to the presence of prominent companies like Adidas AG, and Apple Inc. and Authentic Brands Group LLC, and many more - Technavio

Retrieved on: 
Tuesday, December 12, 2023
Giant, Nike (company), CT Corp, Electronics, Supermarket, Hero (supermarket), USD, SGMW, Apple Inc., TBK, Adidas, SGMW Motor Indonesia, Marks & Spencer, Inter, Habit, Music, Guardian, Indomaret

The retail market in Indonesia is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The retail market in Indonesia is fragmented owing to the presence of many global and regional companies.
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    CT Corp. - The company operates retail stores under its brand PT Trans Retail Indonesia.
  • PT Hero Supermarket Tbk - The company operates retail stores under its brands, such as Hero Supermarket, Guardian, and Giant Extra.
  • Factors such as the availability of products from unorganized market players pose a serious threat to the organized Indonesian - retail market.

Indonesia Prepaid Card and Digital Wallet Market Report 2022: Market is Expected to Reach $8.53 Billion by 2026 from $6.00 Billion in 2022, Recording a CAGR of 9.2%

Retrieved on: 
Wednesday, September 21, 2022
Spend, Adoption, Digital, Blackhawk Network Holdings, PlayStation Store, Mastercard, Sony Interactive Entertainment, QR, Population, Indomaret, SIE, Growth, Partnership, Government, Program, Travel, Solution, Science and technology in Asia, Transport, Ecosystem, SME, Boost, CAGR, Financial services, Online shopping, Payment card, Ridesharing company

Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 9.2%, increasing from US$6.00 billion in 2022 to reach US$8.53 billion by 2026.

Key Points: 
  • Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 9.2%, increasing from US$6.00 billion in 2022 to reach US$8.53 billion by 2026.
  • The prepaid card market (value terms) in Indonesia increased at a CAGR of 13.1% during 2017-2021.
  • Historically, traditional banking players in the country have dominated the digital payment segment by offering prepaid cards to a largely unbanked population in Indonesia.
  • With the growing adoption of digital payments in the country, various fintech companies are either standalone or in partnerships introducing prepaid card solutions in the Indonesian market.

Indonesia Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022: Blackhawk Network Partnered with Sony to Launch Gaming GiftCard - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 29, 2022
Professional Services, Finance, Spend, PlayStation Store, Adoption, CAGR, Population, Transport, Blackhawk Network Holdings, Growth, Program, Boost, SIE, Science and technology in Asia, Government, Travel, Digital, Sony Interactive Entertainment, Ecosystem, Mastercard, SME, Solution, QR, Indomaret, Partnership, Financial services, Online shopping, Payment card, Ridesharing company

The "Indonesia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indonesia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend" report has been added to ResearchAndMarkets.com's offering.
  • Historically, traditional banking players in the country have dominated the digital payment segment by offering prepaid cards to a largely unbanked population in Indonesia.
  • With the growing adoption of digital payments in the country, various fintech companies are either standalone or in partnerships introducing prepaid card solutions in the Indonesian market.
  • In November 2021, payments solution provider Blackhawk Network Indonesia collaborated with video game and digital entertainment provider Sony Interactive Entertainment (SIE) to launch PlayStation Store Gift Card in Indonesia.

Grab Reports Third Quarter 2021 Results

Retrieved on: 
Thursday, November 11, 2021
Internet, Data Management, Mobile, Wireless, Technology, Software, OVO, Traction, Insurance, Growth, COVID-19, EBITDA, Vii, Date-time group, Acquisition, Loss, Ownership, LP, Forward-looking statement, F-4, Indomaret, TPV, City, Form F-4, Ecosystem, U.S. Securities and Exchange Commission, Income, Yoy, Xi, GHL, Food, SEC, Driver, Altimeter, Adjustment, Form, Telehealth, Economics, Movement, Investment, Depreciation, IFRS, Partnership, GMV, AGC, Vaccination, Nasdaq, CFO, Healthcare, Airline, Pharmaceutical industry, Online gambling, Bookkeeping, Online shopping, Cryptocurrency, Risk management, Audit, Grab, Altimeter, Grab, ALTIMETER

GrabMart continues to show strong traction, with GMV growing approximately 380% YoY and 78% compared to Q2 2021.

Key Points: 
  • GrabMart continues to show strong traction, with GMV growing approximately 380% YoY and 78% compared to Q2 2021.
  • Financial services Segment Adjusted EBITDA for Q3 2021 was $(76) million, compared to $(58) million in Q3 2020.
  • Grabs senior management team including Anthony Tan, Group CEO and co-founder, Ming Maa, President, and Peter Oey, CFO, will host an investor webcast via Zoom to present its third quarter 2021 financial results and business updates.
  • If any of the risks materialize or AGCs or Grabs assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements.