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

Core Insights - CLPS Incorporation has established a wholly-owned subsidiary, PT Ridik Fintech Services, in Jakarta, Indonesia, to enhance its presence in Southeast Asia and support local enterprises with tailored IT solutions [1][3] - Indonesia's digital economy is projected to exceed $130 billion by 2025, making it a critical growth market for CLPS [2] - The company reported a 101.7% year-over-year revenue increase in Southeast Asia during the first half of fiscal 2025, highlighting the region's importance as a growth driver [3] Company Overview - CLPS Incorporation, founded in 2005 and headquartered in Hong Kong, focuses on digital transformation through innovations in artificial intelligence, cloud computing, and big data [4] - The company operates across 10 countries with strategic hubs in Shanghai, Singapore, and California, providing a robust global service network [4]