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EnglishNever-Ending Efforts to Innovate

Never-Ending Efforts to Innovate

Young Indonesians are taking action in the economic world through startups. Four of them are classified in the unicorn category: Go-Jek, Bukalapak, Tokopedia and Traveloka.

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Children play in a promotional booth from Tokopedia in a shopping center in South Jakarta on Sunday (4/8/2018). Indonesia is home to four digital startup unicorns: Traveloka, Tokopedia, Go-Jek and Bukalapak.

JAKARTA, KOMPAS – Young Indonesians are taking action in the economic world through startups. Four of them are classified in the unicorn category: Go-Jek, Bukalapak, Tokopedia and Traveloka.

Startup unicorns must not only have a valuation of at least US$1 billion, they must also be stable and have sustainable business models and correct customer information and income data. These businesses must also have funding support.

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