Forbes Indonesia - July 2019

50 | FORBES INDONESIA JULY 2019

Across the planet, our 35 licensed editions

span five continents, 28 languages and

24 time zones. They all share the same

mission: celebrating entrepreneurial

capitalism in all its guises.

GEORGIA

Four startups in Indonesia have a $1

billion valuation or higher, including

ride-hailing startup Go-Jek—more

unicorns than in the rest of Southeast

Asia combined.

INDONESIA

Doctolib, which makes

software for scheduling patient

appointments, is the country’s

fourth unicorn after a new $170

million funding round in March.

FRANCE

On the cover: LVMH’s

Greater China group

president draws back the

curtain on the mainland’s

most fashionable city.

BRAZIL CHINA

ANGOLA

CYPRUS CZECH REPUBLIC

INDIA

Oscar Farinetti, the

Eataly founder, likens a

new venture to a peach.

A project “starts from

the center, from the

core. For example, the

opportunity to offer

high-quality food. And

then you have the skin.

That is the marketing—

the actions that make

the project famous. In

the pulp, there are the

ideas, the experiences

that you want customers

to experience.”

GREECE ITALY

Gyula Feher, who sold his

streaming-video startup,

Ustream to IBM for a reported

$150 million, is working on a

new Hungary-based VC firm,

Oktogon Ventures: “Sooner

or later a youngster will come

and surpass the success of

Ustream. I want to be part

of that story, at least on the

bench.”

HUNGARY

Morris Kahn’s SpaceIl

nonprofit wants to

explore the moon.

Try, try again: The

billionaire’s first attempt

to get there ended with

his spacecraft’s failed

landing in April.

ISRAEL

Georgia is the world’s

third-largest miner of

cryptocurrency. “Blockchain.

.. improves the systems and
services that people around
the world use every day,” says
Valery Vavilov, cofounder of
crypto unicorn Bitfury.

ARGENTINA

Sisters Aya and

Mounaz Abdel

Raouf created

Okhtein (“sisters”

in Arabic), a line

of thousand-dollar

accessories

including handbags

inspired by

Egyptian antiquity.

Celebrity customers

include Beyoncé,

Gigi Hadid and

Emma Watson.

EGYPT

Cristina Fernandez de

Kirchner’s possible

return to power worries

investors like BlackRock’s

Latin America chief

Armando Senra. Says

Senra, “Any electoral

change that reverses

the reforms will have

a negative impact on

Argentina’s economic

recovery.”

Aegean, the largest Greek airliner, makes the nation’s biggest

private purchase ever, agreeing to pay $5 billion for up to 42 new

Airbus planes.

Three-year-

old delivery

startup

Tupuca is

expanding

beyond

the capital,

Luanda;

its “motor

boys” schlep

everything

from

medicine to

restaurant

orders.

The country’s 30 Under 30

list includes Kim Kataguiri,

23, whose Tea Party-like Free

Brazil Movement helped oust

President Dilma Roussef.

Energy billionaire Daniel

Kretinsky is now investing

in retail and media (French

daily Le Monde).

Restaurant king Lysandros

Ioannou aggressively

expanded through a 2013

financial crisis, bringing in

U.S. franchises like Pizza Hut,

KFC and Burger King.

Indian professionals can

expect a 10% average raise

in 2019. Workers in tech, car

manufacturing and retail will see

some of the biggest increases.

WORLD

OF

FORBES