Tech startups focused on digitalisation of Indonesia’s small kiosks, or warungs, are said to be exploring various options including potential mergers and partnerships and exploring new revenue streams as they face an uphill climb towards monetisation and scalability, according to sources tracking the sector.
Business-to-business (B2B) wholesale commerce GudangAda is understood to be in talks with potential companies for a possible merger or a strategic partnership, according to the people mentioned above.