Author: Yimie Yong

The fresh funding will also be used for aggressive team expansion. Headquartered in the Greater Jakarta Area with operations in 14 cities, Pitik aims to add dozens of deep tech engineers, operations professionals, as well as poultry experts to its current team.

The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive industry network across the three general partners.

The tokens unlock access to a unique piece of graphic design by artist Kode Abdo aka BossLogic.

This brings their total Assets Under Management (AUM) to over $1 billion.

The investment, made by Zipmex Labs, a unit under Zipmex Group, is part of a series of investments aimed at promoting and supporting blockchain projects and entrepreneurs looking to transform the crypto ecosystem through innovative business ideas, Zipmex said.

"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk wrote in a tweet.

Neighbouring Indonesia has been publicly wooing Tesla to invest in the country to help develop its ambitious EV and battery industry plans. Indonesian President Joko Widodo is planning to meet Tesla Founder and Chief Executive Officer Elon Musk.

The IPO is planned for the fourth quarter of this year.

The US-listed tech firm has prepared plans to acquire an insurance company in Indonesia, Financial Times reported on Wednesday, quoting two people close to the discussions.