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OVO - The founder and owner of Lippo Group Mochtar Riady explained the story of the success of building a fintech payment OVO which takes the lessons from the failure of the e-commerce business MatahariMall.com.
Mochtar said, the success of the OVO is not done in the Amazon, namely the business by determining market segmentation with clear and start from small scale.
(Read: Lippo Rumored to Sell Ovo to Emtek, Will be Merged with the FUNDS?)
The first time develop MatahariMall.com Lippo recruit about 300 people technician.
Reflecting from that experience, Mochtar said that businesses need to be more careful in developing their business through digital devices.
Therefore, he said that technology is only one instrument to convey information.
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