Indonesia has blocked Polymarket, classifying it as an online gambling platform. The government says Polymarket operates as real‑money betting, violating Indonesian law. The move is part of a broader crackdown on online and speculative digital […]
Key Takeaways Indonesia’s Ministry of Communication and Digital Affairs blocked Polymarket on May 22, 2026, citing online gambling laws. The ban followed a Polymarket market on President Prabowo Subianto leaving office before his 2029 term […]
TLDRs; Grab takes majority control of Superbank after stake reshuffle pushes ownership above 50% threshold. Superbank records strong growth with six million users and first full-year profit in 2025. Ecosystem-driven model fuels rapid adoption in […]
TLDRs; Grab ends Indonesia driver subscription program amid pricing and sustainability review efforts. Consumer GrabBike service continues, though fee adjustments are gradually being introduced. New Indonesian 8% commission cap reshapes ride-hailing profitability and platform strategy. […]
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