Taking Indonesian mom and pop stores to the next level

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Hello there ,

My interest in superheroes began when I was in primary school. There was a small mom and pop store near where I lived, and the uncle manning it always had all these comic books hung up in a line. For me, that was the gateway to the world of Marvel, where Spider-Man and Deadpool were my first ports of call.

It never occurred to me to wonder about where this uncle got his supply from, and it puzzles me even more today, considering what I now know about the labyrinthine comic book industry. Still, props to the man - thank you for opening my eyes to so many memorable stories and characters.

Today’s premium article takes a look at a company that’s making it easy for mom and pop stores in Indonesia (also known as warungs) to bring in stock and expand their selection - and thus, increase their income opportunities.

-- Winston
 
 

THE BIG STORY

Behind Ula’s entry into social commerce
Jeff Bezos-backed Ula said that the number of transactions for its social commerce feature, Teman Ula, are now at around 70,000 orders per month.
 
 

ORIGINALS VIDEO


Learn how to master your cap table in 10 minutes

Michael Lints, partner at Golden Gate Ventures, shares his secrets on how you can master your capitalization table. Watch now.



 

TRENDING NEWS

A16z co-leads $10m funding of 🇵🇭 NFT generator
BreederDAO is Andreessen Horowitz’s second portfolio firm in the Philippines after Yield Guild Games.
🇮🇩 ecommerce enabler Sirclo to acquire Warung Pintar
Sirclo’s Brian Marshal will continue his role as CEO of the combined entity, while Warung Pintar’s Agung Bezharie will lead its New Retail unit.
🇲🇾 e-fulfillment startup eyes series C fundraise
IStore iSend will use the fresh funds to strengthen its operations in Thailand and launch in Vietnam and the Philippines by the end of 2022.
Thailand eyes crypto regulation for payments
Regulators including Bank of Thailand have warned against the economic risks brought about by the rise in crypto adoption.
KKR pours $45m in Filipino B2B ecommerce platform
GrowSari said that its revenue has surged by 2.5x since 2019.
Ex-Gojek employee’s baby food startup scoops up $400k
Grouu said that it served more than 200,000 baby food portions in Jakarta last year.


EVENTS HAPPENING


You can also check out a curated list of trending tech events over here.
  • *Event* [Workshop] What NFTs mean to startups in Southeast Asia on February 10th
    Curious about NFTs and want to expand your insights about this phenomenon? On February 10, catch our workshop with David Shin, head of global adoption at the Klaytn Foundation, to learn more about the digital asset!
    Get a single ticket to attend this workshop or subscribe to Tech in Asia Core at just US$0.55/day for unlimited access to all our workshops, signature conferences, and premium content.
  • AWS SaaS Forum on February 17th
    Join the AWS SaaS Forum on February 17 to uncover opportunities and insights on SaaS trends, outlook for 2022 and how to build your business playbook. Attendance is complimentary.



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