Dana has done something none of its Indonesian competitors have managed: it’s built a user base approaching 200 million[1] — roughly 70% of Indonesia’s population[1] — without being embedded inside … Read more
OVO is one of Indonesia’s four dominant e-wallets — alongside GoPay, Dana, and ShopeePay — serving over 110 million registered users across 300 cities.[1] It’s also, since October 2021, a … Read more
Tokopedia isn’t the company it was two years ago. What started in 2009 as a homegrown Indonesian marketplace — founded by William Tanuwijaya and Leontinus Alpha Edison to connect small-town … Read more
GoTo Group — the parent company behind Gojek, GoPay, and a minority stake in Tokopedia — posted full-year net revenue of Rp 18.3 trillion (~$1.1 billion) in 2025, up 24% … Read more
Southeast Asia’s super app market surpassed $58 billion in 2025 and is growing at over 30% CAGR (Grand View Research). Three companies sit at the centre of that expansion: Grab … Read more
Indonesia’s digital economy is closing in on $100 billion in value,[1] powered by 229 million internet users (APJII, 2025)[2] across an archipelago of 17,000 islands. With a population of 284 … Read more
TikTok Shop grew from $4.4B to $45.6B GMV in SEA in 4 years. Here’s how it disrupted the entire region.
Artificial intelligence could contribute USD 1 trillion in additional GDP output to Southeast Asia by 2030[1] — a 10–18% boost to the region’s economy, according to projections from Kearney and … Read more
SEA ecommerce hit $159B GMV in 2024 (e-Conomy SEA). We break down a market forecast at $226B in 2026 and what’s actually changing.
Digital wallets, account-to-account payments and buy-now-pay-later services are changing how Southeast Asian consumers pay online. However, payment preferences differ substantially by market, and cash on delivery remains part of the … Read more
The DIA Briefing
Asia’s digital markets, every other week. Free.