Daniel Tumiwa, CEO of classified listings startup OLX Indonesia, is stepping down. He will continue his tenure until the end of May, and then take on a role as strategic advisor.
The press release received by Tech in Asia today says Robin Voogd, regional CEO of OLX in Asia will take over. OLX Indonesia is the result of a merger of local startups Tokobagus and Berniaga in 2014, when overseas investor Naspers stepped in.
Tumiwa said that OLX Indonesia’s position in the classified ads business remains strong, with 1.1 million daily active users on its Android app. He decided to step down to take on new challenges.
Competition in Indonesia’s ecommerce space continues heating up. By some calculations, Indonesia’s ecommerce market could be worth US$130 billion by 2020, the largest in Southeast Asia.
We’ve reached out to OLX Indonesia to learn more about what the management change means for the company’s future.
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