Yimie Yong
Indonesia e-commerce firm Bukalapak to stop selling physical goods – report
Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual products ranging from mobile phone credits to streaming vouchers.
January 8, 2025
Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says – report
Minister Agus Gumiwang Kartasasmita said Apple had struck a deal to build a facility producing its Airtag tracking device on Indonesia's Batam island, close to Singapore, but that still would not count as a locally made iPhone part, the report added.
January 8, 2025
News,Asia,Electric Vehicles & Mobility
[CES 2025] Sony-Honda Afeela EV launches at CES 2025
SHM said it aims to revolutionize the mobility experience by redefining the relationship between people and mobility. The first model, AFEELA 1, pursues an interactive relationship between people and vehicles through the integration of advanced software and high-performance hardware, resulting in intelligent mobility, the company added.
January 8, 2025
SEA,Sustainability,Year in Review,Indonesia,TNGlobal Q&A and Interviews,Features
Indonesia’s Traveloka sees a growing awareness of the importance of sustainable travel
2025 is shaping up to be an important year for the travel industry. Advancements in technology, particularly AI, are redefining how travelers plan and experience their journeys, offering both opportunities and challenges for the sector.
January 8, 2025
Singapore,Indonesia,Features,SEA
East Ventures market outlook 2025: Thriving in the new transitions and realizing a “believable Southeast Asia”
Firmly, East Ventures stands beyond the baseline, with revenue from the growth-stage portfolio companies rising 40 percent year-on-year (YoY), surpassing that of SEA by nearly triple. This not only underlines the firm’s approach to investment resilience but also positions East Ventures ahead of regional benchmarks among other companies and venture capital…
January 7, 2025
[CES 2025]Toyota, Aurora & Continental join growing list of NVIDIA partners rolling out next-generation highly automated & autonomous vehicle fleets
“The autonomous vehicle revolution has arrived, and automotive will be one of the largest AI and robotics industries,” said Jensen Huang, founder and CEO of NVIDIA. “NVIDIA is bringing two decades of automotive computing, safety expertise and its CUDA AV platform to transform the multitrillion dollar auto industry.”
January 7, 2025
TNGlobal Tracker: Startup Funding Snapshot for December 2024
The Southeast Asia (SEA) Monthly Funding Tracker for December 2024 highlights some recovery in funding activity. Total funding amounted to $211 million across 16 rounds, marking a surge of 143.37 percent compared to November 2024 and a 44.33 percent decline from December 2023.
January 7, 2025
SEA,FinTech,Features,Year in Review,Asia,TNGlobal Q&A and Interviews
Ant International sees lots of progress made in Southeast Asia on FinTech developments like QR payments & inclusive finance
"We see a lot of progress made in Southeast Asia on fintech developments like QR payments and inclusive finance, where the region is already seen as a leader in broad digitalization, including in areas like national standardized QR codes and G2G linkages. We will continue to work closely with our payment and merchant partners in the region to meet these new…
January 7, 2025
Patrick Walujo commits to staying as Indonesia’s GoTo CEO until 2029
As CEO, Patrick will focus on driving GoTo towards long term profitable growth and GoTo’s Board of Commissioners has approved a performance-based retention package as part of his employment arrangement.
January 6, 2025
China,Venture Capital,Features,Year in Review,Asia,Malaysia,TNGlobal Q&A and Interviews
Gobi Partners: Southeast Asia’s tech ecosystem is set for dynamic growth in 2025, driven by sustainability & innovation
In 2025, Gobi will prioritize investments in FinTech, HealthTech, TaqwaTech (tech for Islamic markets), the Circular Economy, Gender Diversity, New Energy, and the Silver Economy.
January 6, 2025