When rival to be last man standing on physical store, and next President is [draconian] 'pro-protectionism', duo gigantic tech chooses 'unite businesses' with name 'Controlling Stake'
Jakarta 10.10am
Prabowo in traditional market Gondanglegi, Indonesia
I’m not mincing to say that one of masterminding role of [(attempt) assassination of] my career and life [and my parent, mom - single parent] is the key how Tokopedia and Traveloka was losing trillion rupiah. Around 20 - 40 percent shares [yes, less 51 percent] shares of Traveloka and Tokopedia now owned by multiple BUMN / SOE [Indonesian Sovereign Owned Enterprise], and if some gigantic losing like this, arguably must facing ‘horror’ auditing and potential corruption accusation by anti - corruption task [KPK / Komisi Pemberantasan Korupsi]. One day justice and the rule of law must be prevail whoever next President.
Greenlight / OK for just 1 Ministerial decree after US$1.5 billion pouring, actually ‘too costly’
still ‘not too many’ TikTok user [globally] got million viewed. More stark, she very rare using TikTok rather than other social media, under war, and still got million viewed. This is from TikTok of Plestia Bosbos Alaqad.
The new information about unification TikTok / Douyin / ByteDance unit Indonesia with Gojek - Tokopedia actually ‘not so’ surprising for me, to create a ‘tricky strategy, loophole’ after ‘banned’ TikTok Shop by Indonesia government. But still… I feel annoyed.
Mitra Bukalapak, the online-to-offline vertical of e-commerce company Bukalapak. The business has cornered the warung segment—the small neighbourhood retailers that sell sundries and basic goods to their neighbours.
Serving over 5.1 million warungs (that’s a market share of nearly 70%), Mitra Bukalapak is the last man standing in this space, outlasting local titan Tokopedia and Jeffrey Preston ‘Jeff’ Bezos - backed Ula. The business has over 15,000 physical products and 42 digital products available for warung owners, with varying take rates.
Now, with competition dropping away, the number of partner users declining, and a preference for digital products emerging, Mitra Bukalapak is retooling its business to maintain leadership and grow both its profit margins and user base. Some of the moves are predictable, but a few are unexpected, even seeming counterintuitive.
But minute ago, new ‘acrobatic unification businesses’ happened. In the middle data protection.
Lookalike mastermind of my arch try in decades to create a loophole of law amid torture - doxx - [attempt to] assassinate my life, the merger also lookalike ‘loophole’ of very strictly regulation of / by Indonesia Minister of Trade Zulkifli Hasan, ‘protectionism’ a la Indonesia.
The long-term problem, is, Zulkifli, Chairman of Mandate National Party [PAN] is very close political partner of Prabowo Subianto Djojohadikusumo, ‘very near’ win 1 -round election in Indonesia because huge gap on multiple surveys. In last 72 hours, wild rumour that Joko Widodo to switch parties from PDIP to PAN.
Former Chairman of PAN, Amien Rais, honorable - distinguished International Relation UGM, is arch enemy of Jokowi, until now. October 1st, 2020, same date of Gibran Rakabuming Raka birthday and Airlangga Hartarto [Chairman of Golkar party - a Soeharto political party] birthday, Amien Rais formed a new party called Ummah Party (Indonesian: Partai Ummat)
Although Prabowo got help by ‘systematically - massive campaign by TikTok’ like BongBong Marcos [GEMOY CAMPAIGN], Prabowo actually pro - berdikari [nationalism resources], pro - protectionism, pro isolationist, and lookalike pro Traditional Market, a very huge segment his voters for election next Valentine / February 14th, 2024. Lead more than 20 percent, average survey got 40 - 42 percent, of course very near with 51 percent or [just want] 1-round election
TikTok ByteDance will combine its Indonesian TikTok Shop TikTok Shop business with GoTo’s e-commerce unit GoTo Group Gojek [means Tokopedia], the companies said in a statement Monday, minutes ago.
TikTok gets a controlling 75% stake in that combination [assumed worth around US$2 billion from multiple analysts, although from official statement highlight US$1.5 billion], which will run the shopping features of TikTok’s social media app in Indonesia.
Some people maybe forget that the value of Tokopedia in June 2021 was US$7.4 billion, but now 75% stake just only US$1.5 billion, a drastically flop. Congrats, girl, everywhere you landed on companies, these companies degraded.
photo: Plestia Bosbos Alaqad
This merger just hours before 12/12 gigantic sale moment. Hours before global solidarity or global strike for Gaza and Palestine. One day for Gaza, one day after December 10th - Human Rights International Day. The potential global strike of Gaza will be massive, because, even under massive censorship in X / Twitter, at least 107 different languages, shared by each other, across globally, just for translating poem by Refaat al Areer, in less than 72 hours. For comparison, the Harry Potter series of fantasy novels by J. K. Rowling is one of the most translated series of all time, being available in 85 languages, less 22 than Refaat.
I know a lot of high-ranking media, such as New York Times, Guardian, Anadolu, BILD, Spiegel, Financial Times, Strait Times, Washington Post etc subscribed my substack. Plestia ‘Bosbos’ Alaqad ready to be your Stringer or Keynote Speaker or Source about [everything related] Gaza. Plestiaa2011@gmail.com or collab@plestiaalaqad.com
Toddler with Plestia, before war, living in Northern Gaza and they evacuated to Southern Gaza. Since Friday, Oct 13, when Israel announced to every Gazans from northern move to southern, more than 5,000 killed in southern, not counting barbaric bombing in northern Gaza. Northern Gaza is being depopulated, while even residents in the south are ordered to evacuate as the israelis implement their ethnic cleansing. Refugee literally fulfilled Israel warning, and still killed with barbaric bombing by Israel. Documentation by Plestia Alaqad
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