📌 MAROKO133 Update startup: Fore Delivers 📊, Waresix IPO Pops 🚛, Tiket.com Expands
Dear subscriber,
This week reflects a maturing Indonesian tech and consumer ecosystem, where profitability, exits, and global ambition are all happening at once. From Fore Coffee proving that a local F&B model can scale sustainably, to Waresix’s strong public market debut signaling investor confidence in logistics, and Rosé All Day exploring strategic options amid beauty sector consolidation, the market is showing clearer paths from growth to value realization. At the same time, expansion stories from Tiket.com and Kopi Kenangan highlight a new phase where Indonesian brands are not just leaders at home but are increasingly stepping onto the regional stage with confidence.
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Indonesia’s B2B tech moment is here.
On July 1–2 at AXA Tower, Jakarta, B2B Tech Asia Expo 2026 brings together the region’s top enterprises, vendors, and innovators at Southeast Asia’s largest expo dedicated exclusively to B2B software. With exhibitors including AWS, Salesforce, Mekari, and SoftBank, it’s the definitive platform for discovering solutions and forging partnerships as Indonesia’s digital economy accelerates. Register now at b2btechasia.com.
Stay ahead,
DailySocial Team
🚨 What’s New
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Fore Coffee Proves the Model Works Indonesian homegrown coffee chain Fore Coffee posted a standout full-year 2025: net profit surged 55% year-on-year to IDR 90.1 billion, while revenue climbed 44% to IDR 1.5 trillion. The company added over 90 new stores throughout the year, bringing its total network to 316 locations across Indonesia. With an EBITDA margin expanding to 20% and IPO proceeds deployed with discipline, Fore is showing that the grab-and-go coffee model built for the everyday Indonesian commuter, is not just scaling, it’s maturing into a profitable, investor-grade business.
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Waresix Unit Makes a Strong IDX Debut BSA Logistics Indonesia, a subsidiary of Tiger Global-backed Waresix, opened 34% above its IPO price on its Indonesia Stock Exchange debut, triggering an automatic trading halt within hours. The listing raised IDR 302.4 billion and was oversubscribed nearly 387 times, valued at almost Rp2 trillion (around $114 million) market cap, signaling robust appetite from local investors for logistics infrastructure plays. With a stated vision of building an end-to-end logistics platform spanning trucking, warehousing, freight, and shipping across the archipelago, this debut signals that deep-tech logistics is a category investors are ready to bet on in a country where supply chain gaps remain a real economic constraint.
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Rosé All Day: A Beauty Brand Weighing Its Next Chapter Rosé All Day Cosmetics, one of Indonesia’s most recognized homegrown beauty brands, is reportedly exploring strategic sale options, about two years after closing a $5.41 million Series A backed by AC Ventures. This comes amid an accelerating consolidation wave in the domestic beauty industry, where proven brand equity combined with strong digital sales channels are attracting serious acquirer interest. For an ecosystem where beauty is the largest FMCG e-commerce category, the potential transaction would be a meaningful signal of how local consumer brands can build, scale, and find credible exits.
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SwipeRx and Pharmacy Tech Continue to Quietly Win Southeast Asia’s largest digital pharmacy network SwipeRx continues to deepen its footprint in Indonesia, partnering with Inofarma to establish 1,000 pharmacies nationwide and publishing a new position paper calling for pharmacists to be recognized as frontline healthcare partners. With only 30,000 pharmacies serving 275 million Indonesians, against a needed 90,000 the gap is enormous. SwipeRx’s combination of tech, bulk purchasing, and digital education for 300,000+ pharmacy professionals shows how infrastructure-first startups can quietly build category-defining businesses in underserved healthcare markets.
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Unilever Indonesia Eyes Buavita Divestiture Unilever Indonesia is reportedly weighing a sale of its Buavita juice business, with UBS said to have been appointed as advisor, running the process separately from its earlier SariWangi tea divestiture given the different product category and buyer profiles. The move is part of Unilever’s broader global portfolio rationalization, which already saw it spin off ice cream, sell several food brands, and divest its Indonesia tea business earlier this year. For local FMCG players and strategic investors, this creates a rare opportunity to acquire a branded, shelf-proven consumer goods asset with decades of distribution…
Konten dipersingkat otomatis.
🔗 Sumber: dailysocial.id
📌 MAROKO133 Eksklusif startup: Stockbit Hold Strong 💹, Robinhood Eyes the Door 🚪,
Dear subscriber,
This week’s edition is packed with signals that Indonesia’s digital economy is maturing. From retail investing platforms hitting new milestones to Fore Coffee proving that premium consumer brands can scale profitably beyond the big cities, the momentum is real and broad-based. We also look at Bank Jago’s continued rise as a digital banking compounder, Robinhood’s move into Southeast Asia, and a landmark sovereign investment platform that puts Indonesia squarely at the center of the China-ASEAN capital corridor. And if you want to understand where the next wave of financial innovation is heading, our deep dive into tokenized real-world assets will give you a front-row seat to a structural shift already being led by this region.
Thanks for reading RISE by DailySocial! Subscribe for free to receive new posts and support my work.
Indonesia’s B2B tech moment is here.
On July 1–2 at AXA Tower, Jakarta, B2B Tech Asia Expo 2026 brings together the region’s top enterprises, vendors, and innovators at Southeast Asia’s largest expo dedicated exclusively to B2B software. With exhibitors including AWS, Salesforce, Mekari, and SoftBank, it’s the definitive platform for discovering solutions and forging partnerships as Indonesia’s digital economy accelerates. Register now at b2btechasia.com.
Stay ahead,
DailySocial Team
🚨 What’s New
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Indonesia’s Retail Investing Boom Keeps Delivering — Even in Rough Markets. Retail investing in Indonesia is delivering real numbers, not just hype. Stockbit Sekuritas closed 2025 with revenue up 395% and net profit surging 544% year-on-year, a result that reflects something structural: millions of first-time investors are now actively building wealth through apps, not through traditional brokers. Global volatility may cloud the near-term outlook, but the underlying trend remains firmly on track and for a market this early in its digital investing journey, the compounding runway ahead is still enormous.
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Fore Coffee Proves the Premium Coffee Thesis Is Very Much Alive Despite Ramadan seasonality and a choppy macro backdrop, Fore Coffee opened 2026 with a strong performance that should silence any doubts about Indonesia’s appetite for premium F&B. Revenue climbed 52.4% year-on-year to IDR 444.5 billion ($26 million), net profit grew 60.4% to IDR 9.43 billion, and EBITDA margin expanded to 18.3% from 16.7% a year earlier. The company added more than 20 new outlets in the quarter, with over 40% in tier-2 and tier-3 cities — exactly where Indonesia’s next wave of consumer spending growth is coming from. At 338 outlets and accelerating, Fore is becoming one of the clearest proof points that disciplined, tech-integrated F&B brands can scale profitably in this market.
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one% Nutrition Is Betting on Indonesia’s Protein Gap — and It’s the Right Call The wellness economy is quietly becoming one of Indonesia’s most exciting consumer segments, and one% Nutrition is positioning itself at the center of it. The startup, backed by Init-6 (founded by Bukalapak alumni Achmad Zaky and Nugroho Herucahyono), pioneered protein water in Indonesia, a zero-sugar, lactose-free format delivering 16g of protein per bottle. The Southeast Asia protein supplements market is projected to reach USD 1.1–1.2 billion by 2030, with Indonesia expected to drive a large share of this growth, even as the market remains early in its journey. With rising health consciousness, a fitness-first Gen Z demographic, and a massive protein-intake gap relative to developed markets, the opportunity here is enormous and still wide open for a local brand to own.
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Bank Jago Keeps Proving That Digital Banking in Indonesia Is a Long-Term Compounder Indonesia’s digital banking story continued to strengthen in Q1 2026, with Bank Jago (ARTO) delivering broad-based growth across every key metric. Net profit after tax surged 42% year-on-year to IDR 86 billion, loans grew 24% to IDR 25.2 trillion, and total assets rose 22% to IDR 39.5 trillion, while the NPL gross ratio remained impressively low at 0.8%. The bank now serves 19.4 million customers, up more than 3 million in a year with 15.2 million actively using the Jago app. That kind of customer engagement, combined with a 29.9% capital adequacy ratio, signals a bank with both the runway and the balance sheet strength to keep compounding as Indonesia’s digital economy expands.
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