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Bukalapak president and co-founder Fajrin Rasyin predicted that e-commerce will see a growth of sales during the 12.12 national online shopping day.
E-commerce Bukalapak announced the change in the management leadership initially led by CEO and founder Achmad Zaky.
The Hurun Research Institute just released its inaugural report on the global unicorn startups entitled the Hurun Global Unicorn List 2019.
Decacorn is a term for a relatively new company that is worth at least US$10 billion. Indonesia currently has 1 decacorn, Gojek.
Kominfo Minister Johnny G. Plate not only hopes for unicorn startups to flourish but also expects the birth of hectocorn startups.
Minister Rudiantara said that the digital economy is targeted to contribute 11 percent of the country's Gross Domestic Products (GDP) in 2020.
Minister Rudiantara has given a signal that before the year's end, there will be a new unicorn from the education sector.
Minister Rudiantara earlier announces that OVO has held the unicorn status as the firm's valuation has exceeded more than US$1 billion.
Minister Rudiantara believes OVO's growth as Indonesia's (RI) fifth unicorn establishes the country's gravitational pull for global digital economy.
Earlier, the BKPM head Thomas Lembong said Google's and Temasek's study noted 4 country's unicorns including Traveloka claimed to belong to Singapore.
The Indonesian Pavilion at the 2019 Techsauce Global Summit in Bangkok, Thailand, brings three most influential startups in Indonesia
Indonesian ride sharing application Gojek has become the country's first decacorn.
The Indonesia Stock Exchange (IDX) said that they have met with Traveloka to invite the unicorn into the capital market.
Ride-hailing application company Go-Jek has become Indonesia's first decacorn with a valuation of US$10 billion as announced by CB Insights.
The government urged online marketplace or e-commerce companies holding unicorn status to drive innovations to reduce the sales of imported goods.
Regarding unicorn startup's ownership and investments, the government assures that ownership of such startups will remain to be Indonesia's.
The Bappenas Head Bambang Brodjonegoro deemed the figure of capital inflow is higher than the capital outflow due to the growth of unicorn.
Dradjad Wibowo of the Prabowo-Sandiaga camp said that Prabowo's statement on unicorns during last night's presidential debate was a warning.
Despite his initial confusion of the term Unicorn, Prabowo gave an answer that best describes his fear of unicorn startups running money overseas.
President Jokowi calls on the public to stop uninstall e-commerce app Bukalapak.