The New Food Chain
Forbes Indonesia|March 2020
Yummy Corp is on track to be the largest data-driven cloud kitchen operator in Indonesia.
Marella Putri
The New Food Chain

The growth of ride-hailing in Southeast Asia in the past few years has not only boosted the convenience of online transportation, but also food delivery. Research by Google, Temasek and Bain titled “e-Conomy SEA 2019” has found that the GMV of ride-hailing in Southeast Asia in 2019 amounted to $12.7 billion. Of that figure, some $5.2 billion came from online food deliveries, which rose by 91% from 2015. The report further predicted that in 2025 the food-delivery business would grow by 48% to $20 billion.

While the scope for food delivery is big, it is not easy for F&B players to expand their reach and tap into this potential. One concept that is solving this problem and has been rising lately is cloud kitchens, which function as a takeaway outlet to serve online food orders, having no seating facilities. In Indonesia, a company that has been gaining traction in this particular sector is Yummy Corp (PT Kuliner Digital Sejahtera), which focuses on online B2B catering solutions and cloud kitchen operations.

Yummy Corp was launched in 2017 as an affiliate of Indonesian F&B lifestyle enterprise Ismaya Group. The concept itself was spun off from Ismaya Catering, which closed down despite its large scale and success. The company was co-founded by the Suntanu Brothers: managing director Marbio, CEO Mario, and food development director Marius, who is also an honoree of Forbes Indonesia 30 Under 30 2020, as well as Deasy Harjanto, and former managing director Foodpanda Indonesia Juan Chene.

Esta historia es de la edición March 2020 de Forbes Indonesia.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición March 2020 de Forbes Indonesia.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FORBES INDONESIAVer todo
BACK ON TRACK
Forbes Indonesia

BACK ON TRACK

Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.

time-read
10+ minutos  |
December 2021
Championing Locals
Forbes Indonesia

Championing Locals

The wave of social commerce is enabling inclusive digital economies beyond urban areas.

time-read
6 minutos  |
December 2021
Boys in the Bubble
Forbes Indonesia

Boys in the Bubble

Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.

time-read
6 minutos  |
December 2021
Enduring Relations
Forbes Indonesia

Enduring Relations

The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.

time-read
6 minutos  |
December 2021
Sweet Success
Forbes Indonesia

Sweet Success

Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.

time-read
5 minutos  |
December 2021
Marathon Man
Forbes Indonesia

Marathon Man

Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.

time-read
5 minutos  |
December 2021
Gold Rallies on Inflation Fears
Forbes Indonesia

Gold Rallies on Inflation Fears

During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.

time-read
2 minutos  |
December 2021
Set Off to A New Start
Forbes Indonesia

Set Off to A New Start

Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.

time-read
5 minutos  |
December 2021
The Daily Intake
Forbes Indonesia

The Daily Intake

YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.

time-read
4 minutos  |
December 2021
THE CROESUS OF CRYPTO
Forbes Indonesia

THE CROESUS OF CRYPTO

FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.

time-read
10+ minutos  |
November 2021