Business Daily Media

The Times


.

Indonesian e-commerce platform "Uway" announced a new round of financing plans to create more possibilities

JAKARTA, INDONESIA - Media OutReach - 10 August 2023 - "Making life easier" is the belief of our Uway e-commerce platform.
Since entering the Indonesian market, Uway has been committed to transforming and shaping the Indonesian e-commerce ecosystem by optimizing the supply chain, supporting entrepreneurs, investing in logistics systems, and increasing promotional efforts. Today, Uway is honored to announce a $500 million financing. This is not just a financial support, but also a recognition of Uway.

Uway's goal is to create a fully optimized supply chain that allows every consumer to get the goods they need in the most convenient way possible. To achieve this goal, Uway will utilize this new round of financing to enhance Uway's supply chain technology so that Uway's platform can configure and supply demand faster and more accurately, while providing better forecasting and inventory management.

Meanwhile, outstanding merchants are an important part of the e-commerce ecosystem. Uway will set up a Startup Support Fund, through which Uway will provide financial support to aspiring startups and stores to help them realize their dreams and distribute e-commerce dividends.

In order to let more people know and enjoy the quality shopping experience brought by Uway, Uway will invest more resources in advertising and promotion. Uway will make the name and service of Uway known to every Indonesian through various channels.

In addition, a great e-commerce platform cannot function without an efficient logistics system. Therefore, Uway plans to invest more in its logistics system, including improving the efficiency of delivery, increasing the integrity and transparency of the flow of goods, and expanding the range of delivery services. Uway's goal is to allow consumers to enjoy Uway's fast delivery service anywhere in Indonesia.

Uway believes that high-quality shopping experience comes from attention to detail and continuous innovation. Uway hopes that through the new round of financing, it can further realize Uway's mission and create more value for Indonesian consumers and enterprises. Uway expects all partners, investors, merchants and consumers to join hands with Uway to create the future of e-commerce.

Hashtag: #Uway

The issuer is solely responsible for the content of this announcement.

News from Asia

Woh Hup Celebrates Nine Decades of Flavour, Family and Innovation with Four Bold New Sauces

Singapore Turns 61. Woh Hup Turns 90.SINGAPORE - Media OutReach Newswire - 5 August 2026 - Every August, Singapore celebrates more than another year of nationhood. It celebrates the people, busine...

Bee Choo Origin Launches Dead Sea Mud Mineral Scalp Detox Mask in Singapore

SINGAPORE - Media OutReach Newswire - 5 August 2026 — Bee Choo Origin, a Singapore-based provider of herbal hair solutions, has expanded their offerings with their new Dead Sea Mud Mineral Scalp ...

Vinhomes Green Paradise receives Smart City Certification based on the Global Iso 37122 Standard

HANOI, VIETNAM - Media OutReach Newswire - 5 August 2026 - The World Council on City Data (WCCD) has officially awarded Vinhomes Green Paradise - Can Gio the InterimCustom ISO 37122Smart CityCert...

EM Services and SPTel Partner to Advance Smart Estate Management Through Digital Connectivity and IoT Solutions

SINGAPORE - Media OutReach Newswire - 5 August 2026 - EM Services and SPTel will formalise a strategic partnership to explore and deploy digital solutions that support smart estate management oper...

VinFast's Expansion Mirrors the Global Shift in EV Growth

Emerging economies are becoming the EV industry's fastest-growing markets, creating new opportunities for automakers with an international footprint. VinFast's latest expansion reflects that shift...

Public Invited to Tour New Phnom Penh Temple of The Church of Jesus Christ of Latter-day Saints

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 4 August 2026 – The Church of Jesus Christ of Latter-day Saints is inviting the public to celebrate the completion of the Phnom Penh Cambodia ...

Record Gold Prices Drive Demand for Trusted Appraisal Services as Jewel Cafe Brings Japanese Hospitality to Taiwan

As gold prices reach record highs, Taiwanese consumers are increasingly seeking transparent, customer-focused appraisal services for their valuable assets. ...

High Gold Prices Drive Demand for Jewelry Appraisals as Jewel Cafe Opens Tsuen Wan Store

Newly opened Tsuen Wan OP Mall store offers free appraisals of gold, jewelry, luxury watches, and branded goods with no obligation to sell HONG KONG SAR - Media OutReach Newswire - 4 August 2026 ...

Aon Appoints Stephen as CEO for Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 4 August 2026 – Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Stephen as CEO for Indonesia...

Etiqa Insurance Singapore Launches Enrich Index Income that Combines Index-Linked Growth Potential with Capital Protection at Maturity

New endowment plan offers potential yearly cash benefits, downside resilience and access to the Barclays Regime-Aware Dynamic Asset Rotation (“Barclays RADAR”) 6% RC Indices.SINGAPORE – Media OutR...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...