Toyota: The automaker plans to invest $1.8 billion over the next five years to produce EVs in Indonesia. The effort will capitalize on the Indonesian government’s plan to get 2.2 million EVs and 13 million electric motorcycles on its roadways by 2030. With large deposits of nickel laterite within its borders, the country plans to become a global leader in EV production and export.
Article
| Aug 1, 2022
Within the region, China will be home to nearly half of Asia-Pacific’s users, though the figures for India and Indonesia are enormous as well. China and India will have the most social network users in the world this year (as usual) and Indonesia will be fifth, after the US and Brazil.
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| Jan 18, 2022
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| Oct 1, 2023
Source: Insider Intelligence
TikTok entered the music streaming game in Brazil and Indonesia, providing yet another type of media TikTok aims to take over. Music could present an opportunity for TikTok in the US, where digital audio services ad spending will total $6.79 billion this year, according to our forecast. TikTok killed its BeReal clone.
Article
| Jul 7, 2023
The Philippines, India, and Indonesia will set the global pace in 2022. Vietnam, Malaysia, and Thailand will also crack the top 10. In the ecommerce penetration rankings, the results are diverse. Indonesia, the US, and Brazil are climbing. China, the UK, and South Korea will continue to lead. All Regions Are Set to Slow Down, but Some More than Others.
Report
| Feb 2, 2022
The company already runs a music app called Resso in India, Brazil, and Indonesia. TikTok teamed up with Ticketmaster and now enables users to discover events and buy concert tickets through the app. The combination of social video feeds and streaming music on demand is a one-two punch that could augment TikTok’s dominance in user engagement and create a super app.
Article
| Oct 14, 2022
Methodology: Data is from an Airship survey conducted by Sapio Research as cited in a May 2023 press release. 11,000 respondents ages 18+ were surveyed in Brazil, Canada, France, Germany, Indonesia, Singapore, South Africa, Thailand, the UK, and the US during February 2023. Airship is a provider of mobile engagement solutions.
Article
| Jun 5, 2023
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| Sep 30, 2023
Source: Insider Intelligence | eMarketer
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| Sep 30, 2023
Source: Insider Intelligence | eMarketer
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| Sep 30, 2023
Source: Insider Intelligence | eMarketer
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| Sep 30, 2023
Source: Insider Intelligence | eMarketer
TikTok parent Bytedance already owns Resso, a music streaming service available in Brazil, India, and Indonesia, which currently offers podcasts from hosts like Libsyn. Will it work? When we identified the different directions TikTok could take to develop a super app, music was one of the possibilities we named.
Article
| Oct 18, 2022
South Korea held the third-highest penetration of ecommerce in the world up until 2022, when it was surpassed by Indonesia. The US took far longer to reach the milestone in 2019. The pandemic ushered many countries into the 10%+ club— Indonesia was the fastest market to take off. 11 countries shot past the threshold during the pandemic.
Article
| Jan 24, 2023
As part of a 227% increase in Asia Pacific employers hiring remotely, Singapore’s tech industry has also been hiring internationally for tech roles, with 11% of talent based in the US, 11% in the Philippines, 9% in India, and 6% in Indonesia. Some companies making moves:.
Article
| Jun 29, 2022
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| Sep 26, 2023
Source: Ipsos; Moloco
Merchants in Indonesia have had access to TikTok Shop since last year but have thus far been limited to only serving Indonesian users. The dedicated app allows merchants to manage storefronts from their phones, as well as run and analyze marketing campaigns.
Article
| Mar 1, 2022
However, medium-sized Mexico will outperform its stature, and giant Indonesia is nowhere to be found on the list. Japan’s embrace of sub OTT also falls well short of where its wealth and population size suggest it should be. This outcome mirrors Japan’s results in numerous other digital categories.
Report
| Mar 23, 2022
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| Sep 26, 2023
Source: Ipsos; Moloco
That’s still a lot of people, though—nearly equal to the population of Indonesia. Sub OTT usage has become nearly as mainstream as YouTube. This year, 55.7% of all digital video viewers worldwide will be sub OTT users. That’s just a shade behind YouTube, at 63.5%.
Article
| Mar 23, 2022
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| Sep 26, 2023
Source: Milieu Insights
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| Sep 26, 2023
Source: Milieu Insights
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| Sep 26, 2023
Source: Milieu Insights
The company already runs a music app called Resso in India, Brazil, and Indonesia. TikTok teamed up with Ticketmaster and now enables users to discover events and buy concert tickets through the app. The combination of social video feeds and streaming music on demand is a one-two punch that could augment TikTok’s dominance and create a super app.
Article
| Aug 4, 2022
Worth noting: In February removed the ability for advertisers to target minors on Facebook and Instagram by gender and other demographics; targeting options were already limited for audiences that included individuals under 18 in most countries, under 20 in Thailand, and under 21 in Indonesia.
Article
| May 4, 2023
For example, Chinese retail giant JD.com launched its first “unmanned convenience store” in 2017, and has since rolled out line-free technology in its stores in China and Indonesia.
Article
| Apr 22, 2022