Business Daily Media

Men's Weekly

.

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

Phuket Sees Increasing Number of Americans Looking to Buy Property for Lifestyle and Investment

Growing international demand, strengthened long-haul connectivity, and the continued evolution of Laguna Phuket are reinforcing Thailand's largest island as a secure, globally connected and structu...

Phuket Strengthens Position as a Secure International Residential Destination for Global Families

Growing international demand, strengthened long-haul connectivity, and the continued evolution of Laguna Phuket are reinforcing Thailand's largest island as a stable, private, and internationally a...

Wealth for Good in Hong Kong Summit to be held next Tuesday to chart new milestone in global family office succession

HONG KONG SAR - Media OutReach Newswire - 20 March 2026 - The Government announced that the Wealth for Good in Hong Kong (WGHK) Summit will return next Tuesday (March 24)...

Hundreds of Countries, Thousands of Cities, Ten Thousand Events’ Cloud Taiji Global Flash Mob Held at Wudang Mountain in Shiyan, China

SHIYAN, CHINA - Media OutReach Newswire - 22 March 2026 - On March 21, the world's first "International Taijiquan Day," jointly organized by the Wushu Sports Administration Center of the General A...

From AI to Sustainability, Five Key Skills Singapore’s Workforce Will Need in 2026

SINGAPORE - Media OutReach Newswire - 23 March 2026 - Singapore's economy continues to evolve amid rapid technological change and sustainability priorities, workforce capabilities are expected to ...

Singapore cybersecurity firms showcase SME-focused innovations to counter rising cyber threats at RSAC 2026 Conference

SINGAPORE - Media OutReach Newswire - 23 March 2026 - As cyber threats intensify globally, the World Economic Forum (WEF) projects that the global economic impact of cyberattacks will surge from U...

Cathay Pacific Expands Global Partnership with Adyen

Adyen’s direct acquiring solution boosts performance for Hong Kong’s home carrier in the world’s most dynamic markets SINGAPORE - Media OutReach Newswire - 23 March 2026 - Adyen, the global...

MSIG Helper Insurance unveils new campaign: ‘Assured Helper, Confident Employer’

To strengthen MSIG’s leading position in the Helper Insurance market HONG KONG SAR - Media OutReach Newswire - 23 March 2026 – MSIG Insurance (Hong Kong) Limited ("MSIG") today announced the laun...

Vincom Retail unites hundreds of partners to pioneer the future of retail in Vietnam

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 23 March 2026 - On March 20, 2026, in Ho Chi Minh City, Vincom Retail hosted the event "The New Era - Partnering to Shape the Future", welcomi...

DFI Reinforces Commitment to People, Products and Planet in 2025 Sustainability Disclosure

HONG KONG SAR - Media OutReach Newswire - 23 March 2026 - DFI Retail Group (DFI or the Group) is pleased to announce its 2025 Sustainability Disclosure, highlighting the Group's continued progress...

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

The narrative around changing attitudes to car ownership has long focused on Gen Z. Younger Australians are often portrayed as the generation movi...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...

AI curiosity fuels new wave of employee-led innovation in Australia

Leaders across Australia are asking themselves how they can ensure their employees get the most out of AI. We recently conducted research to help an...