
{"id":58028,"date":"2024-05-23T00:00:58","date_gmt":"2024-05-23T00:00:58","guid":{"rendered":"https:\/\/sms-bridges.com\/staging\/?p=58028"},"modified":"2024-05-23T09:19:08","modified_gmt":"2024-05-23T09:19:08","slug":"mpstore-building-a-people-focused-economic-ecosystem","status":"publish","type":"post","link":"https:\/\/sms-bridges.com\/staging\/mpstore-building-a-people-focused-economic-ecosystem\/","title":{"rendered":"MPStore: Building a people-focused economic ecosystem"},"content":{"rendered":"\n<p>As an archipelago, Indonesia is well-known for its strong regional connections, close social ties and national wide transportation networks designed to bring people together.<\/p>\n\n\n\n<div><a href=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo.jpg\" class=\"td-modal-image\"><figure class=\"wp-block-image alignright size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo.jpg\" alt=\"\" class=\"wp-image-58030\" style=\"width:250px\" srcset=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo.jpg 1000w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo-300x300.jpg 300w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo-150x150.jpg 150w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo-768x768.jpg 768w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo-420x420.jpg 420w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo-840x840.jpg 840w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo-600x600.jpg 600w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-photo-696x696.jpg 696w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption class=\"wp-element-caption\"><strong>Abdul Muidz<\/strong>, Founder and Chief Executive Officer of PT Mitra Pedagang Indonesia Tbk\/MPStore | \u00a9 MPStore<\/figcaption><\/figure><\/a><\/div>\n\n\n\n<p>The Indonesian economy is expanding rapidly. Today, sixty percent of Indonesia\u2019s Gross Domestic Product (GDP) is based on the activities of micro, small and medium-sized enterprises (MSMEs).<\/p>\n\n\n\n<p>With a population of approximately 280 million, there are no signs of the economy slowing down.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Warung Economics<\/h3>\n\n\n\n<p>A \u2018Warung\u2019 is a small family-owned business in Indonesia (retail, eatery, caf\u00e9). Over the years, these have become an essential part of daily life in Indonesia.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Retail challenges:<\/h3>\n\n\n\n<p>&#8211; 20% of Indonesians <strong>shop online<\/strong> and this number is increasing. Traditional merchants are switching to digital solutions.<\/p>\n\n\n\n<p>&#8211; 65% of traditional trade channels cannot develop due to <strong>technological constraints.<\/strong> As modern trade begins to take market share, small business owners require financing to scale their business.<\/p>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p>Our goal is to support store owners across the country and help them scale their businesses.<\/p><cite><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\"><strong>Abdul Muidz<\/strong>, Founder and Chief Executive Officer of PT Mitra Pedagang Indonesia Tbk\/MPStore<\/mark><\/cite><\/blockquote><\/figure>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" style=\"margin-top:-15px;margin-bottom:25px\"><a href=\"https:\/\/mpstore.co.id\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"400\" height=\"142\" src=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-logo-2.png\" alt=\"\" class=\"wp-image-58040\" style=\"width:163px;height:auto\" srcset=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-logo-2.png 400w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-logo-2-300x107.png 300w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2024\/05\/ID24-MP-Store-logo-2-150x53.png 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><\/figure><\/div>\n\n\n<p>&#8211; 83% of the country\u2019s ATM facilities are concentrated in the larger cities across the island of Java, Indonesia. There is huge <strong>banking transaction potential in<\/strong> rural areas.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The MPStore solution<\/h3>\n\n\n\n<p>Established in 2018, PT Mitra Pedagang Indonesia Tbk has a proven track record as a technology company driven to continuously innovate and evolve.<\/p>\n\n\n\n<p>With robust performance, recognitions and awards, the company\u2019s application: MPStore, is set to drive change and disrupt the Indonesian retail market.<\/p>\n\n\n\n<p>Key to the company\u2019s success is the strong relationships it has formed with shop owners in Indonesia and these are continuing to fuel the company\u2019s growth while supporting small-business economics.<\/p>\n\n\n\n<p>MPStore is a digital platform application helping MSMEs and traditional traders in Indonesia scale-up their businesses. The company provides access to technology and financing and is building a people-focused economic ecosystem.<\/p>\n\n\n\n<p>\u201cWe are committed to empowering the Indonesian population,\u201d says Abdul Muidz, founder and chief executive officer of PT Mitra Pedagang Indonesia Tbk \/ MPStore.<\/p>\n\n\n\n<p>\u201cOur goal is to support store owners across the country and help them scale their businesses.\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Making a positive impact<\/h3>\n\n\n\n<p>As a free application for resellers and store owners, MPStore offers digital payment solutions &#8211; more than 500,000 merchants have already signed up and are using MPStore to run their businesses.<\/p>\n\n\n\n<p>\u201cStep by step we are making a positive impact on the Indonesian economy by providing the tools which people need in order to grow their business,\u201d says Muidz.<\/p>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p>Step by step we are making a positive impact on the Indonesian economy by providing the tools which people need in order to grow their business.<\/p><\/blockquote><\/figure>\n\n\n\n<p>There are estimated to be eight million small, family-run stores across Indonesia, all of which can benefit from the MPStore app.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">MPStore: Going Global<\/h3>\n\n\n\n<p>While the company is focused on serving the Indonesian market &#8211; specifically the island of Java &#8211; Muidz has his sights set on markets across Southeast Asia.<\/p>\n\n\n\n<p>\u201cWe want to establish the company in Indonesia and position ourselves for further growth and investment having recently listed on the Indonesian Stock Exchange,\u201d says Muidz.<\/p>\n\n\n\n<p>\u201cIn the future, we will look at the opportunities in Malaysia, the Philippines, Thailand and India as we reach out to markets around the world.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-center\"><i class=\"fas fa-phone\"><\/i> (+62) 31 3590 1999<br><i class=\"fas fa-envelope\"><\/i> <a href=\"mailto:corpsec@mpstore.co.id\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>corpsec@mpstore.co.id<\/strong><\/a><br><i class=\"fas fa-globe\"><\/i> <a href=\"https:\/\/mpstore.co.id\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>mpstore.co.id<\/strong><\/a><br><i class=\"fab fa-facebook-square\"><\/i> <a href=\"https:\/\/www.facebook.com\/MODERNPULSA\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Mpstore Superapps<\/strong><\/a><br><i class=\"fab fa-tiktok\"><\/i> @mpstoresuperapps<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>As an archipelago, Indonesia is well-known for its strong regional connections, close social ties and national wide transportation networks designed to bring people together. The Indonesian economy is expanding rapidly. Today, sixty percent of Indonesia\u2019s Gross Domestic Product (GDP) is based on the activities of micro, small and medium-sized enterprises (MSMEs). With a population of [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":58031,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[805,292,259,98,651],"tags":[508],"class_list":{"0":"post-58028","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-2024-year","8":"category-articles","9":"category-bridging-japan","10":"category-indonesia","11":"category-software","12":"tag-information-technology"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MPStore: Building a people-focused economic ecosystem - Bridges Magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sms-bridges.com\/staging\/mpstore-building-a-people-focused-economic-ecosystem\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MPStore: Building a people-focused economic ecosystem - Bridges Magazine\" \/>\n<meta property=\"og:description\" content=\"As an archipelago, Indonesia is well-known for its strong regional connections, close social ties and national wide transportation networks designed to bring people together. 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