Indonesia is one of the world’s largest agricultural producers, with farming contributing nearly 13% to the national economy. The sector has been in slow decline for decades, however, hurt by poor yields and falling income. In recent years, thanks to startups seeking to use technology to boost the sector, Indonesian agriculture has found a new lease of life. From our interviews with key local agritech companies and investors in smart shrimp farming, farm-to-table e-commerce and more, CompassList has produced an in-depth and insightful survey of Indonesia’s agriculture sector and its prevailing challenges, complete with outlook and recommendations.
Indonesia’s first unicorn, ride-hailing startup Gojek has merged with Tokopedia to compete against regional giants Grab and Sea Group to develop the best super-app.
In Jakarta alone, traffic congestions caused IDR 65tn in annual productivity loss.
With traditional motorcycle taxi drivers, passengers need to haggle for a price before each journey.
Many in Southeast Asia don't have bank accounts, relying on cash for daily transactions.
The population of Southeast Asia as of 2019, representing Gojek’s total market: ASEAN Key Figures 2020