TechNode Global Staff
Microsoft to invest $1.7B in cloud and AI in Indonesia
American technology firm Microsoft has on Tuesday announced it will invest $1.7 billion over the next four years in new cloud and artificial intelligence (AI) infrastructure in Indonesia.
Gogoro partners Sumitomo, Sumitomo Mitsui Finance and Leasing to accelerate global expansion
Gogoro Inc., a Taiwan-based battery-swapping ecosystems firm, said Tuesday it has partnered with Japanese integrated trading firm Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) to accelerate its global business expansion.
Indonesia’s Bukalapak posts positive EBITDA for the first time in first quarter
PT Bukalapak.com Tbk, an Indonesian e-commerce company, has posted a positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the first time at Rp 15 billion ($921,687), underpinned by higher revenue.
Singapore’s Thrixen raises $7M in funding round co-led by 22Health Ventures and John Ballantyne
Thrixen, a Singapore-based medical technology start-up, has on Monday announced the successful close of an oversubscribed funding round, raising $7 million capital to accelerate the development of its innovative diagnostic technology platform for multiplex point of care testing.
Indonesia’s GoTo says on track to meet full-year adjusted EBITDA break even target
Indonesia's largest technology firm PT GoTo Gojek Tokopedia Tbk (GoTo) says it is on track to meet full-year adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) break even target after its adjusted EBITDA fell in the first quarter.
AirAsia MOVE’s monthly active users up 19 percent year on year to 15.34 million
Asia MOVE, formerly known as airasia Superapp, has seen its monthly active users (MAU) grow 19 percent year on year growth to 15.34 million in the first quarter.
Malaysian automaker Proton opens R&D facility in China
Malaysian national carmaker Proton Holdings Bhd has opened its research and development (R&D) center at Hangzhou Bay in China last Saturday to strengthen its collaborative efforts with its existing partner Zhejiang Geely Holding Ltd (Geely) in a move to complement its existing facilities in Malaysia.
IFC partners KB Kookmin Card to launch $150M financing initiative in Indonesia, Thailand
The International Finance Corporation (IFC) has partnered South Korean credit card-issuing company KB Kookmin Card Co. (KBC) to launch $150 million financing package in Indonesia, Thailand.
Alipay+ inks agreement with Korea Easy Payment Foundation, Jeju Tourism Organization
Alipay+, a global cross-border mobile payment and digitalization technology platform operated by Ant International, has on Monday announced it signed a business agreement with the Korea Easy Payment Foundation (KEPF) and Jeju Tourism Organization (JTO).
Temasek Trust launches philanthropy advisory services arm
Temasek Holdings-owned Temasek Trust has on Monday announced the launch of TT Foundation Advisors (TTFA) which aims to be a one-stop independent provider of philanthropy advisory and management services to philanthropic foundations, family offices, business corporations, philanthropists, and charities across Asia.
