Daily Markup

Daily Markup #661: Stockbit makes stock investing easy and accessible in Indonesia; 27% rise in investors recorded

January 13, 2023 · 2 min read
Credit: Stockbit

Moving the needle bit by bit

  • At the end of November 2022, the number of stock investors in Indonesia reached 4.38 million, a 27% increase from 3.45 million investors at the end of 2021.
  • Part of this positive rise has been attributed to 500-backed stock investment app Stockbit, through the company’s educational and literacy efforts.
  • “Stockbit has brought various excellent features to investors, both beginners and experienced ones, in Indonesia so that they can invest professionally,” shared Stockbit’s Head of Product Marketing, Vania Valeriana.
  • Apart from Stockbit Stream, the country’s largest social forum for investors and stock traders in Indonesia, the app’s ‘screener’ feature allows users to look up stocks based on preset personal criteria, follow certain brokers on a real-time basis, order IPO stocks online, and it even supports investors who are busy during stock trading hours with its ‘auto order’ feature.
  • Through this function, investors can activate ‘auto-buy’ and ‘auto-sell’, allowing them to buy stocks at a predetermined price and sell stocks for a certain target price.
  • Read the full story here.

Stories you may have missed:

  • Zenysis’ analytics platform recognized as a Digital Public Good for accelerating progress toward the Sustainable Development Goals
  • eFishery builds strong safety nets in agritech lending while empowering fish farmers to scale their businesses
  • Merkle Science joins forces with insurtech company PolicyDock to create a safer crypto landscape
  • Will Fan of NewCampus on building the next hundred-year-old brand and being authentic
  • Grab’s latest Southeast Asia Food and Grocery Trends 2022 report reveals delivery trends in 2022
  • Carousell posts US$49.5M in revenue in 2021, citing its goods and services vertical as a key driver of its revenue growth
  • Pandai was selected as the winner of HLB Launchpad 2022, taking home a ~US$11,500 cash prize, the opportunity to run a pilot program with Hong Leong Group, and more
  • Neuron Mobility celebrates top moments in 2022, with the company’s e-scooters taking 8 million trips and clocking over 15 million kilometers.
  • Luxclusif partnered with Open For Vintage (OFV) to offer a handbag buy-back service, allowing customers to trade in designer handbags in exchange for OFV store credit
Daily · Weekly Roundup
0
Share
• • • KEEP READING

Daily Markup

  • Daily Markup is brought to you by 500 Global, Southeast Asia

  • All content herein is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively “500 Global”) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Global and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies’ markets, competitors, performance, and fundraising has been provided by those companies’ founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Global, or an offer to provide any investment advisory service with regard to securities by 500 Global. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Global. Prospective investors considering an investment into any 500 Global fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Global fund may have a financial interest in one or more of the companies discussed

    All users of this website should note these important Terms of Use governing the use of this website.

  • Copyright © 2024 500 Global | All Rights Reserved

  • Privacy Policy
    Terms of Use
    Code of Conduct