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Indonesia's startup scene exploding, but exits are another story

The ecosystem can benefit from a tech firm's public listing, while startups have yet to realise the full potential in the B2B space

Claudia Chong
Published Wed, Nov 27, 2019 · 09:50 PM

Jakarta

IN A neighbourhood nestled within South Jakarta, 37-year-old Romana operates a small roadside kiosk selling prepaid mobile credit and phone accessories.

But customers also come to her when they want to pay their electricity bills, transfer money, or even sign up as a driver with Grab.

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