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Another factor is that three of China's internet giants - Baidu Inc, Alibaba Group Holding and Tencent Holdings, or BAT - are building a digital ecosystem with benefits beyond them. One in five top Chinese startups was founded by BAT employees or former BAT employees, according to the report.

Another way it is making an impact is through giving Indonesians financial and digital access with Go-Pay, its e-wallet service. "Sixty-five percent of the population is unbanked, 35 percent is under-banked," he said.

Another tech major Oppo is also jumping onto the bandwagon. The company is recruiting chip professionals to beef up its smartphone design department and it is working on a coprocessor, a processor used to supplement the functions of the primary processor.

Apart from the physical store, the brand's products are also available on its official Chinese website and internet giant Alibaba's e-commerce platform Tmall. The company's two signature products are sold in the stores, priced at 899 yuan (1) and 1,099 yuan.

Another 56 will be annulled, with eight amended.