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Venture capital and private equity investments in China totaled $91.6 billion in the first five months of this year, jumping nearly 60 percent from a year earlier, according to ChinaVenture Investment Consulting.
8 hours agoThe presidential regulation lays out a roadmap for ministries and regional governments to adopt AI from 2026 to 2029, targeting "economic growth through development, facilitation and use of AI especially in the president's priority programs." ...
2 days agoThe case centers on US$25 million in investments made between 2019 and 2023 by BRI Ventures and MDI Ventures, the venture capital arms of state-owned firms BRI and Telkom, respectively, into agritech start-up PT Tani Group Indonesia (TaniHub). ...
1 week agoPublicly listed GoTo booked an increase in quarterly net loss to Rp 6.47 trillion (US$443 million).
4 years agoAs the Lebaran momentum winds down and we return to our regular routines, returning to a better, healthier diet is vital to one’s general health and wellbeing, especially if you have helped yourself to generous servings of your favorite Lebaran dishes.
4 years agoThe Singapore-based capital venture firm’s latest digital competitiveness index shows that Indonesian cities and regencies are closing in on the country’s urban centers.
4 years agoThe meeting between Musk and Jokowi came after a round of working-level discussions on a potential investment in Indonesia's nickel industry and supply of batteries for electric vehicles, Indonesian officials told Reuters.
4 years agoSoftBank's big stakes in global tech giants and volatile new ventures have made for unpredictable earnings, and the latest tumble comes with tech shares tanking as the United States hikes interest rates to tackle inflation.
4 years agoThe digital era has reached a point where there is an increasing reliance on high-performance gadgets that emphasize versatility and portability.
4 years agoMore than a century has passed since Raden Ajeng Kartini made her mark on history as one of the first Indonesian female figures to advocate for gender equality.
4 years agoIn an abrupt turnaround, CEO Jitse Groen said Takeaway had hired banks to explore a possible sale of Grubhub - alongside potential partnership options it was already exploring - and that buyers had expressed more than casual interest.
4 years agoCompetitor Bukalapak gained 25 percent on its IDX debut last year, despite being multiple times smaller in market cap.
4 years agoXu's appointment comes with JD.com dealing with slowing growth as competition rises and consumer spending shrinks.
4 years agoThe company adds to a list of start-ups focused on digitalizing Indonesia's sprawling retail MSME sector.
4 years agoMusk's move, revealed in a regulatory filing, comes on the heels of his tweet that he was giving "serious thought" to building a new social media platform, while questioning Twitter's commitment to free speech.
4 years agoBusinesses have voiced concern over government plans to subject a hefty fine to internet and social media companies operating in Indonesia for noncompliance in taking down unlawful content.
4 years agoThe survey of nearly 30,000 people across 20 countries, which was conducted between November 2021 and February 2022, shows 2021 was a blockbuster year for crypto, with inflation in particular driving adoption in countries that have experienced currency devaluation, the report found.
4 years agoIndonesia recognizes crypto assets as commodities, not as a means of payment.
4 years agoTechnology company with the leading marketplace platform Tokopedia recently launched Dilayani Tokopedia (Fulfilled by Tokopedia), a rebranding of its order fulfillment service TokoCabang.
4 years agoIndonesia is not wary of going head-to-head with more developed economies but still lacks some key requirements for success in the booming semiconductor business.
4 years agoThe widely-expected IPO comes after GoTo secured more than $1.3 billion from global investors in November in the first close of its pre-IPO funding round.
4 years agoThe firm plans to use the funds to provide more credit for partnered suppliers and retailers.
4 years agoThe education technology (edutech) start-up received the funding from state-owned telecommunications company Telkom.
4 years agoIndonesia's standing on a privately funded digital competitiveness index rose to 35.2 this year, up 3.2 points from last year.
4 years agoThe new platform combines the retail experience of CT Corp’s Trans Retail Indonesia with the technology of Bukalapak, while additional funding comes from a Southeast Asian private equity firm.
4 years agoAlthough not as fast as in advanced countries, digital payment continues to thrive in Indonesia as many people, especially those living in remote areas beyond Java island, remain unbanked.
4 years agoThe businesses have begun automating aquaculture operations, increasing yields and profitability.
4 years agoLumina CEO Aswin Andrison wants to shake up the employment services market with payroll management and education for an underserved segment.
4 years agoIndonesians have been expressing annoyance over frequent spam calls and text messages, and the country ranks sixth worldwide for consumers affected by scams.
4 years agoIn its latest funding round, SME-focused software startup Majoo raised an additional US$5 million to bring its total pre-series A funding to $9 million for expanding its reach, staff and features.
4 years agoThe system would allow patients to share their medical records across clinics, hospitals and labs.
4 years agoThe Alibaba Group-backed company, one of China's largest video platforms, came under public scrutiny last week after a user on microblogging platform Weibo said that the employee died after working long hours.
4 years agoA local health tech start-up has raised US$2.6 million during its seed round and plans to use the money to develop the platform's personal health management features.
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