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CLPS Incorporation Announces Establishment of Indonesia Subsidiary to Accelerate Regional Growth in Southeast Asia

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CLPS Incorporation (Nasdaq: CLPS) has announced the establishment of PT Ridik Fintech Services, a wholly-owned subsidiary in Jakarta, Indonesia. This strategic expansion aims to strengthen CLPS's presence in Southeast Asia by providing tailored IT solutions to local enterprises.

According to U.S. International Trade Administration data, Indonesia's digital economy is projected to exceed $130 billion by 2025, positioning it as one of the fastest-growing markets in Southeast Asia. The company plans to leverage its expertise in artificial intelligence, robotic process automation, big data, and cloud computing to penetrate the Indonesian market.

CLPS has reported significant growth in Southeast Asia, with a 101.7% year-over-year revenue increase in the first half of fiscal 2025. The new subsidiary will focus on localizing operations, investing in domestic talent, and fostering partnerships to support Indonesia's digital transformation journey.

CLPS Incorporation (Nasdaq: CLPS) ha annunciato l'istituzione di PT Ridik Fintech Services, una filiale interamente controllata a Giacarta, Indonesia. Questa espansione strategica mira a rafforzare la presenza di CLPS nel Sud-est asiatico offrendo soluzioni IT su misura per le imprese locali.

Secondo i dati dell'Amministrazione per il Commercio Internazionale degli Stati Uniti, si prevede che l'economia digitale dell'Indonesia supererà $130 miliardi entro il 2025, posizionandola come uno dei mercati a più rapida crescita nel Sud-est asiatico. L'azienda prevede di sfruttare la propria esperienza in intelligenza artificiale, automazione dei processi robotici, big data e cloud computing per penetrare nel mercato indonesiano.

CLPS ha riportato una crescita significativa nel Sud-est asiatico, con un aumento del fatturato del 101,7% anno su anno nella prima metà dell'anno fiscale 2025. La nuova filiale si concentrerà sulla localizzazione delle operazioni, sull'investimento in talenti locali e sulla promozione di partnership per sostenere il percorso di trasformazione digitale dell'Indonesia.

CLPS Incorporation (Nasdaq: CLPS) ha anunciado el establecimiento de PT Ridik Fintech Services, una subsidiaria de propiedad total en Yakarta, Indonesia. Esta expansión estratégica tiene como objetivo fortalecer la presencia de CLPS en el sudeste asiático al proporcionar soluciones de TI personalizadas a las empresas locales.

Según datos de la Administración de Comercio Internacional de EE. UU., se proyecta que la economía digital de Indonesia superará $130 mil millones para 2025, posicionándola como uno de los mercados de más rápido crecimiento en el sudeste asiático. La empresa planea aprovechar su experiencia en inteligencia artificial, automatización de procesos robóticos, big data y computación en la nube para penetrar en el mercado indonesio.

CLPS ha informado un crecimiento significativo en el sudeste asiático, con un aumento del 101,7% en los ingresos interanuales en la primera mitad del año fiscal 2025. La nueva subsidiaria se centrará en la localización de operaciones, la inversión en talento local y el fomento de asociaciones para apoyar el viaje de transformación digital de Indonesia.

CLPS Incorporation (Nasdaq: CLPS)는 인도네시아 자카르타에 PT Ridik Fintech Services라는 완전 자회사 설립을 발표했습니다. 이 전략적 확장은 CLPS의 동남아시아 내 입지를 강화하고 현지 기업에 맞춤형 IT 솔루션을 제공하는 것을 목표로 합니다.

미국 국제무역청의 데이터에 따르면, 인도네시아의 디지털 경제는 2025년까지 1,300억 달러를 초과할 것으로 예상되며, 이는 동남아시아에서 가장 빠르게 성장하는 시장 중 하나로 자리잡고 있습니다. 이 회사는 인공지능, 로봇 프로세스 자동화, 빅데이터 및 클라우드 컴퓨팅에 대한 전문성을 활용하여 인도네시아 시장에 진출할 계획입니다.

CLPS는 동남아시아에서 2025 회계연도 상반기 동안 101.7%의 연간 수익 증가를 보고했습니다. 새로운 자회사는 운영의 현지화, 국내 인재 투자 및 인도네시아의 디지털 전환 여정을 지원하기 위한 파트너십 구축에 집중할 것입니다.

CLPS Incorporation (Nasdaq: CLPS) a annoncé l'établissement de PT Ridik Fintech Services, une filiale entièrement détenue à Jakarta, en Indonésie. Cette expansion stratégique vise à renforcer la présence de CLPS en Asie du Sud-Est en fournissant des solutions informatiques sur mesure aux entreprises locales.

Selon les données de l'Administration américaine du commerce international, l'économie numérique de l'Indonésie devrait dépasser 130 milliards de dollars d'ici 2025, la positionnant comme l'un des marchés à la croissance la plus rapide en Asie du Sud-Est. L'entreprise prévoit de tirer parti de son expertise en intelligence artificielle, en automatisation des processus robotiques, en big data et en cloud computing pour pénétrer le marché indonésien.

CLPS a signalé une croissance significative en Asie du Sud-Est, avec une augmentation des revenus de 101,7 % d'une année sur l'autre au cours de la première moitié de l'exercice 2025. La nouvelle filiale se concentrera sur la localisation des opérations, l'investissement dans les talents locaux et le développement de partenariats pour soutenir le parcours de transformation numérique de l'Indonésie.

CLPS Incorporation (Nasdaq: CLPS) hat die Gründung von PT Ridik Fintech Services bekannt gegeben, einer hundertprozentigen Tochtergesellschaft in Jakarta, Indonesien. Diese strategische Expansion zielt darauf ab, die Präsenz von CLPS in Südostasien zu stärken, indem maßgeschneiderte IT-Lösungen für lokale Unternehmen angeboten werden.

Nach Angaben der US International Trade Administration wird erwartet, dass die digitale Wirtschaft Indonesiens bis 2025 über 130 Milliarden US-Dollar hinauswachsen wird, was es zu einem der am schnellsten wachsenden Märkte in Südostasien macht. Das Unternehmen plant, seine Expertise in Künstlicher Intelligenz, robotergestützter Prozessautomatisierung, Big Data und Cloud-Computing zu nutzen, um in den indonesischen Markt einzutreten.

CLPS hat ein signifikantes Wachstum in Südostasien gemeldet, mit einem Jahresumsatzwachstum von 101,7% im ersten Halbjahr des Geschäftsjahres 2025. Die neue Tochtergesellschaft wird sich auf die Lokalisierung der Abläufe, die Investition in lokale Talente und den Aufbau von Partnerschaften konzentrieren, um Indonesiens digitale Transformationsreise zu unterstützen.

Positive
  • Strong revenue growth of 101.7% year-over-year in Southeast Asia region for H1 2025
  • Strategic expansion into Indonesia's fast-growing digital economy market ($130B+ by 2025)
  • Establishment of wholly-owned subsidiary providing full operational control
Negative
  • None.

Insights

CLPS's establishment of Ridik Indonesia represents a strategic deepening of its Southeast Asian presence, targeting Indonesia's digital economy which industry experts project will exceed $130 billion by 2025. This move builds upon CLPS's already impressive 101.7% year-over-year revenue growth in the SEA region during H1 fiscal 2025.

The wholly-owned subsidiary structure indicates a substantial commitment to the Indonesian market rather than a tentative entry strategy. By establishing local operations, CLPS gains significant advantages in talent acquisition, cultural integration, and regional partnership development - critical factors for success in Southeast Asia's diverse markets.

Indonesia's position as SEA's largest economy makes it a logical expansion target following CLPS's demonstrated regional traction. The company is correctly leveraging its existing technical capabilities in AI, robotic process automation, big data, and cloud computing rather than developing market-specific offerings, allowing for faster market penetration and operational efficiency.

The move aligns with successful expansion models we've seen from other technology service providers in emerging markets, where early establishment of local operations provides competitive advantages as digital transformation accelerates across traditional industries.

HONG KONG, March 25, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced the establishment of its wholly-owned subsidiary, PT Ridik Fintech Services ("Ridik Indonesia") in Jakarta, Indonesia. This strategic move accelerates CLPS's regional footprint in Southeast Asia (SEA), reinforcing tailored IT solutions to local enterprises while advancing smart ecosystem development for Indonesia's domestic market.

In a report by the U.S. International Trade Administration1, Indonesia's digital economy is among the fastest growing in SEA, projected to exceed $130 billion by 2025, based on a joint analysis from leading industry experts. As the region's largest economy, Indonesia represents a critical growth market for CLPS. The localization team will align closely with market needs, leverage domestic industry insights, and build a collaborative network that bridges global technological expertise with Indonesia's evolving business landscape.

Mr. Srustijeet Mishra, Chief Executive Officer of CLPS SEA & USA, stated, "We will capitalize on our existing global client relationships and our expertise in artificial intelligence, robotic process automation, big data, and cloud computing to accelerate the growth and penetration of the Indonesian market. The establishment of Ridik Indonesia further enhances CLPS's influence and competitiveness in the SEA region."

Mr. Raymond Lin, Chief Executive Officer of CLPS, said, "Southeast Asia remains a key growth driver for CLPS, with a 101.7% year-over-year revenue increase in the region during the first half of fiscal 2025. Ridik Indonesia is not only an expansion of our business operations but also a demonstration of our commitment to localizing our international operations. We are dedicated to empowering Indonesia's digital transformation journey by investing in domestic talent, fostering cultural alignment, and collaborating with in-country partners.

About CLPS Incorporation

CLPS Incorporation (NASDAQ: CLPS), established in 2005 and headquartered in Hong Kong, is at the forefront of driving digital transformation and optimizing operational efficiency across industries through innovations in artificial intelligence, cloud computing, and big data. Our diverse business lines span sectors including fintech, payment and credit services, e-commerce, education and study abroad programs, and global tourism integrated with transportation services. Operating across 10 countries worldwide, with strategic regional hubs in Shanghai (mainland China), Singapore (Southeast Asia), and California (North America), and supported by subsidiaries in Japan and the UAE, we provide a robust global service network that empowers legacy industries evolve into data-driven, intelligent ecosystems. For further information regarding the Company, please visit: https://ir.clpsglobal.com/, or follow CLPS on Facebook, InstagramLinkedIn, X (formerly Twitter), and YouTube.

Forward-Looking Statements

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company's expectations of the Company's future growth, performance and results of operations, the Company's ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company's most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contact:

CLPS Incorporation
Rhon Galicha
Investor Relations Office
Phone: +86-182-2192-5378
Email: ir@clpsglobal.com

  1. Data source: https://www.trade.gov/country-commercial-guides/indonesia-digital-economy

 

Cision View original content:https://www.prnewswire.com/news-releases/clps-incorporation-announces-establishment-of-indonesia-subsidiary-to-accelerate-regional-growth-in-southeast-asia-302410465.html

SOURCE CLPS

FAQ

What is the projected value of Indonesia's digital economy by 2025?

Indonesia's digital economy is projected to exceed $130 billion by 2025, according to U.S. International Trade Administration data.

How much revenue growth did CLPS report in Southeast Asia for H1 2025?

CLPS reported a 101.7% year-over-year revenue increase in Southeast Asia during the first half of fiscal 2025.

What services will CLPS's new Indonesian subsidiary offer?

PT Ridik Fintech Services will provide tailored IT solutions, focusing on artificial intelligence, robotic process automation, big data, and cloud computing services.

Where is CLPS's new Indonesian subsidiary located?

The new subsidiary, PT Ridik Fintech Services, is located in Jakarta, Indonesia.
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