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Homegrown multi-brand cloud kitchen operator Hangry has raised US$10.5 million in its Series A5 funding round, the company said on Wednesday, as it seeks to expand operations and push into foreign markets.
3 days agoThe e-commerce colossus known for its promise of quick deliveries showed off robotic arms and other high-tech warehouse tools in Silicon Valley, saying AI is not only powering innovations but accelerating how quickly they are developed by the second largest employer in the United States. ...
3 days agoThe state asset fund faces significant financial risks and must exercise caution as it considers carbon capture and storage (CCS) projects, as the current carbon price offers a negligible incentive against costs that can be 50 times higher, a leading energy analyst warned. ...
6 days agoIndonesian telecommunication service providers are considering the potential impacts of United States-based SpaceX offering business-to-consumer (B2C) services through its Starlink satellite constellation.
2 years agoAustralia has launched its largest tech mission to the region since the pandemic with its nine-day Southeast Asia Tech Immersion Mission, which includes a stop in Indonesia.
2 years agoAccording to a report by Global Data, the live-streaming e-commerce market is expected to reach $245.1 billion by 2026, with compound annual growth (CAG) of 32.6 percent during the forecast period.
2 years agoIndonesia has begun work on a road map to develop the silica industry as a starting point for building a chip industry in the country, but some ASEAN peers are far ahead in the race for semiconductor investment.
2 years agoRaw material procurement startup Bababos is seeking to cater 1,000 small and medium manufacturers by the end of 2023, more than double it is current number after its US$3 million funding led by East Ventures.
2 years agoRapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology.
2 years agoIndustry experts suggest that the local AI sector will need government support, including funding as well as regulatory frameworks, for Indonesian developers to scale up and join the global technology race.
2 years agoSocial media giant TikTok launched its new subscription-only music streaming service "TikTok Music" in Indonesia, home to its largest user base in Southeast Asia.
2 years agoOver the course of 10 weeks of testimony involving more than 100 witnesses, Google will try to persuade Judge Amit P. Mehta that the landmark case brought by the Department of Justice is without merit.
2 years agoJapan appears less than keen to join a project to extend the Jakarta-Bandung high-speed rail (HSR) link to Surabaya, East Java, citing concerns about technical compatibility and possible damage to the “brand” of Japan.
2 years agoThe cooperatives and SMEs minister has raised fears over TikTok expanding into digital sectors beyond video sharing and potentially threaten the country's small businesses, which form the backbone of the national economy.
2 years agoFrom the touchless toilet flush, efficient water usage flushing system to easy-to-clean designs, these are all the result of TOTO’s continuous innovation regarding its products.
2 years agoThe National Cyber and Encryption Agency says there have been 844,000 indications of successful ransomware attacks this year.
2 years agoMeta on August 1 started blocking the distribution of news links and articles on its Facebook and Instagram platforms in response to a recent law requiring digital giants to pay publishers for news content.
2 years agoFor Taiwan, under increasing pressure from Beijing to accept China's sovereignty claims over the island, the investment in a new factory is a show of goodwill towards Europe.
2 years agoThe firm has made huge bets to find and grow hot new tech ventures around the world, but that has left its earnings vulnerable to market forces.
2 years agoThe news follows an announcement by TikTok CEO Shou Zi Chew in June that the short video platform would invest billions of dollars in Indonesia and the rest of Southeast Asia.
2 years agoLiving Lab Ventures, a homegrown venture capital firm owned by property giant Sinar Mas Land, announced a collaboration with the Japan External Trade Organization (JETRO) to spur start-up growth in Indonesia and Japan.
2 years agoTwo sources briefed on the plan said TikTok, which is owned by Chinese tech giant ByteDance, was in discussions with Indonesia's central bank and that the application was being viewed favorably.
2 years agoThis is the second collaboration here between a food-delivery company and a ride-hailing service, following Foodpanda and Tada’s partnership in April.
2 years agoGenexyz, a Jakarta-based virtual influencer start-up, has raised US$1 million in a seed funding round led by Indonesia's East Ventures.
2 years agoWhile 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.
2 years agoAstra 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.
2 years agoSCF firm Danamart plans to add investors in eastern Indonesia and double its total investors to 2,000 this year.
2 years agoIndonesian tech giant GoTo is rolling out its Gopay e-wallet nationwide after its initial introduction in 2016.
2 years agoIndonesia has established its own cryptocurrency exchange, crypto asset clearing house and depository.
2 years agoHigh-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.
2 years agoOnline learning platforms have begun to transition back to physical classroom learning amid online fatigue and declining revenue streams, according to experts.
2 years agoIndonesian 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.
2 years agoTikTok 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.
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