What Kioson does

Kioson is a publicly listed Indonesian technology company (IDX: KIOS) headquartered in Jakarta that operates a digital application targeted at small retail stores (warung). Founded in 2015, the company positions itself as a B2B/B2C platform serving Indonesia's fragmented micro-retail segment, which represents one of the largest retail channels in Southeast Asia. The company employs between 101-250 people and has leadership including CEO Doane Cahyadi and founders Viperi Limiardi and Roby Tan.

The company's core technology offering is a digital application designed to serve small store operations, though specific technical architecture, feature set, and product capabilities are not detailed in the available data. The business has secured at least one strategic funding round in 2017 from PT Mitra Komunikasi Nusantara Tbk, a major Indonesian conglomerate, suggesting channel and distribution synergies were central to early capital strategy.

Kioson's business model centers on monetizing Indonesia's small retailer ecosystem through a digital application platform. Public listing on the Indonesia Stock Exchange provides regulatory legitimacy and capital market access. However, reported financials show a steep revenue decline in recent years, with operating losses through 2024 and only marginal net income recovery in 2025, indicating the company faces significant business model or execution challenges in a competitive Indonesian retail-tech landscape that includes well-funded platforms from GoTo, Grab, and other fintech-adjacent players.

Name

Kioson

Legal name

SBOBET

Website

https://kioson.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Kioson is a publicly listed Indonesian technology company (IDX: KIOS) operating a digital application for small retail stores (warung), serving Indonesia's fragmented micro-retail segment from its Jakarta headquarters.

Ownership category

akta.pro rank

Product category

Retail Management Software

NAICS

Convenience Retailers and Vending Machine Operators (44513)

SIC

Finance Services (6199)

akta.pro primary industry

Kiosk & Micro-Format Convenience Retail (CRAHABAD)

akta.pro secondary industry

Self-Checkout Kiosks & Interactive Retail Kiosks (HDACAKAH)

Keywords

• Retail point of sale
• Small store software
• Digital retail solutions
• Merchant mobile application
• UMKM digital platform

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Online Gambling and Betting Transactions: SBOBET generates revenue through various gambling products including sports betting, live casino, online slots, horse racing, and dice games. Users place bets with deposits, and the platform processes winning payouts based on odds.
2. Member Deposits and Withdrawals: Users deposit funds through local bank transfer, pulsa (mobile credit), and e-wallets to fund their betting accounts. The platform handles transaction processing.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels2 records

Core offering

Kioson develops and operates a digital application intended for small retail stores, providing merchants with a software platform to run and digitize their retail operations. The company is publicly listed on the Indonesia Stock Exchange (IDX: KIOS) and targets the underserved UMKM/warung segment across Indonesia.

Product overview

SBOBET is a comprehensive online betting platform operating as a unified product with multiple integrated features. The core platform offers sportsbook betting (primarily football/soccer) alongside complementary products including live casino, online slots, horse racing betting, and dice games. Access is available through the main website, mobile-optimized SBOBET WAP, and dedicated SBO Mobile application. The platform serves the Southeast Asian market, particularly Indonesia through its SBOBET88 agent network, with minimum deposit requirements starting from IDR 10,000.

Differentiator

Problem solved

Functional benefit

Products and services

• Kioson Digital Application

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Celton Manx LimitedcoreStrategic or Co-development Partner · 1 January 2007In 2007, SBOBET introduced live casino services in partnership with Celton Manx Limited. This partnership enabled SBOBET to offer online casino games such as baccarat and roulette to their players.
• First Cagayan Leisure & Resort CorporationcoreOthers · 1 January 2007SBOBET obtained business license from the Philippine government regulated by First Cagayan Leisure & Resort Corporation. This licensing partnership enables legal operations of online gambling services.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• LinkAja: State-backed Indonesian e-wallet with deep small-retailer penetration, especially outside Java; structurally relevant as a scaled incumbent that has absorbed parts of the digital-distribution market Kioson once served.
• OVO: One of Indonesia's leading e-wallets with widespread acceptance at small retailers; relevant as a broad incumbent whose ubiquity at the small-store level can squeeze standalone distribution platforms such as Kioson.
• DANA Indonesia: Major Indonesian e-wallet with a large small-merchant footprint and government-tied payment integrations; competes for the same warung digital-transaction volume that Kioson's agent partners historically captured.
• GoPay (GoTo / Gojek): Dominant Indonesian e-wallet embedded in the Gojek super-app with a massive agent network for cash-in/cash-out at small retailers; competes with Kioson indirectly by capturing the warung digital-transaction layer at much greater scale.

Direct peers

• TrueMoney Indonesia: Operates a nationwide agent network in Indonesia enabling small retailers to provide digital financial services including top-ups, bill payments, and remittances — directly overlapping Kioson's agent-based small-store digital distribution model.
• PayFazz (Fazz Financial): Indonesia-based B2B digital distribution platform that agents (warung, small retailers) use to sell digital products such as pulsa, data, PLN tokens, and bill payments — the same core use case Kioson addresses for small stores.
• Kasir Pintar (OLX Indonesia spin-off): POS and business-management software tailored for Indonesian warung and small retailers, providing digital transaction tools, inventory, and reporting — competing with Kioson for the same small-store digitalization wallet.
• MOKA (Moka POS): Cloud-based POS and business analytics platform widely adopted by Indonesian SMEs and small retailers; comparable to Kioson in targeting small-store digitization with software-led distribution.

Emerging players

• PrivyID: Indonesian digital identity and e-signature provider that increasingly layers small-business onboarding and transaction services; an emerging platform competing for the same small-store digital toolset.
• iSaku: Digital payment and top-up service targeted at Indonesian consumers via small-retailer and merchant networks; an emerging player with partial overlap in the warung digital-distribution category where Kioson operates.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kioson