Kuncoro Wibowo is the president commissioner of Aspirasi Hidup Indonesia, a hardware store chain with 240 outlets in 70 cities throughout the country. It is part of the Kawan Lama group.
Formerly known as Ace Hardware Indonesia, a licensee of the U.S. chain, Aspirasi Hidup Indonesia decided to end the 29-year partnership and renamed itself in 2024.
His Kawan Lama group also owns home furnishing retailer Informa, milk tea chain Chatime and toy stores under Toys Kingdom.
Wibowo's father got his start selling tools and hardware from a small shop in 1955.
After their father's death, Wibowo and his siblings expanded the business into furniture and lifestyle retailing, food and beverage and property.
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