Genexyz, a Jakarta-based virtual influencer start-up, has raised US$1 million in a seed funding round led by Indonesia's East Ventures.

While Threads has succeeded in attracting subscribers, the number of daily active users on Threads has been decreasing every day within a week of its launch.

Astra International, through its subsidiary Astra Digital Internasional, has led another funding series in Halodoc, raising its total investment to US$135 million for the company since 2021.

SCF firm Danamart plans to add investors in eastern Indonesia and double its total investors to 2,000 this year. 

Indonesian tech giant GoTo is rolling out its Gopay e-wallet nationwide after its initial introduction in 2016.

Indonesia has established its own cryptocurrency exchange, crypto asset clearing house and depository.

High-end chips are used in artificial intelligence (AI), cost more than US$10,000, and have been increasingly sought after in China after the roll-out of ChatGPT in the US.

Online learning platforms have begun to transition back to physical classroom learning amid online fatigue and declining revenue streams, according to experts.

Indonesian electric vehicle producer MAKA Motors received a sum of US$37.6 million in seed funding co-led by AC Ventures, East Ventures and South Korean venture capital firm SV Investment.

TikTok Shop has sparked a backlash with a strategy of detecting trending products and then selling its own versions of those products to tap into viral demand.

Homegrown social commerce start-up Orderfaz says it has completed a pre-seed funding round led by Singapore’s 1982 Ventures.

Indonesia’s aquaculture startup eFishery has recently raised $200 million in its Series D funding round, cementing its place as a unicorn in the aquatech industry.

Changing social media engagement and rising marketplace fees are fueling a new concept of online shopping: social commerce.

China's President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on Chinese access to advanced technologies.

Threads is the biggest challenger yet to Elon Musk-owned Twitter, which has seen a series of potential competitors emerge but not yet replace one of social media's most iconic companies, despite its epic struggles.

P2P lending platforms want the OJK to massively increase the maximum ticket size for productive loans, which they hope will rekindle growth in the industry.

Akseleran plans to use some of its IPO proceeds to acquire local multifinance firm PT Pratama Interdana Finance.

Sydney-based private company Facilitate Corp on June 29 filed the suit in the United States District Court for the Northern District Of California claiming breach of contract over Twitter's failure to pay its invoices. 

The EU will take the next crucial step on Wednesday towards launching a digital version of the euro, a controversial project that has come under attack from the public, politicians and banks before it even exists.

Low-value plastic waste is more expensive to recycle than to produce, but one recycling start-up has found a way to process them and turn a profit.

Indonesian livestreamer Christine Febriyanti stood in a room crammed with clothes in Jakarta, hawking colorful garments to hundreds of viewers on a TikTok livestream for a local fashion brand.

Founded in 1804 in Japan, Shimizu Corporation has been striving to create values for its clients in the field of design and build engineering with the spirit of master builder for over 200 years.

Billionaire entrepreneur Elon Musk expects his brain-chip startup Neuralink to start its first human trial this year, he said on Friday in France.

Southeast Asia, a region with a collective population of 630 million - half of them under 30 - is one of TikTok's biggest markets in terms of user numbers, generating more than 325 million visitors to the app every month.

Researchers and campaigners mull over the future of their industry as the virtual confronts the real.

Founders of homegrown start-ups are increasingly taking on investor roles in early-stage ventures in a sign that Indonesia's startup ecosystem is maturing.

What we need is a space for conversation, to engage and uncover all the quests that businesses like fintech companies struggle with in adapting to digital challenges. This issue was addressed in the Huawei Cloud Indonesia FinTech Summit, themed Unlocking New Growth in FinTech with Huawei Cloud.

The bill is designed to support local news organizations, which have been decimated in recent years as ad revenue bled away to Google and Facebook, both advertising behemoths.

Indonesian mortgage tech start-up Ringkas gets early-stage investment from domestic and foreign venture capital firms.

Most artificial intelligence (AI) development is happening elsewhere for now, but investors in Indonesia and abroad are ready to pounce on the use cases the cutting-edge technology promises to unlock in Southeast Asia’s largest economy.