Indonesia
Indonesia’s GoTo appoints former Alibaba executive William Xiong as Group CTO
Xiong, a French citizen, brings more than 25 years of experience in software and product development, with a strong background in e-wallets, insurance core systems, business intelligence, data platforms, and ESG platforms.
GoTo partners Alibaba to grow digital economy in Indonesia
PT GoTo Gojek Tokopedia Tbk (GoTo), an Indonesia-based digital ecosystem, and Alibaba, a China-based global e-commerce and technology company, have announced a strategic partnership that will support and help grow the digital economy in Indonesia.
YouTube & Shopee partner in Southeast Asia e-commerce tie-up – report
With YouTube Shopping, Alphabet Inc and Shopee will be competing against TikTok, the Bytedance-owned video app, which has increased its ambitions for the region after taking control of Indonesia's biggest e-commerce platform Tokopedia.
Indonesia’s CarbonEthics bags $2.1M seed round seed round led by Intudo Ventures
With this round of financing, CarbonEthics will enhance its portfolio by securing additional carbon projects and recruiting top-tier technical experts to better serve the needs of its clients.
Malaysia’s Samaiden partners MCS to expand renewable energy business in Indonesia
Samaiden Group Berhad, a Malaysia-based renewable energy (RE) firm, has partnered PT MCS Bina Energi (MCS) to expand renewable energy (RE) business in Indonesia.
Sinar Mas, LG CNS form joint venture to provide digital solutions in Indonesia
Sinar Mas, a conglomerate that oversees various business sectors in Indonesia, and LG CNS, a leader in digital transformation from South Korea, have launched their business collaboration, LG Sinar Mas, a joint venture that provides cutting-edge information technology (IT) solutions and services across Indonesia.
GoTo collaborates with Microsoft to boost engineering productivity with GitHub Copilot
GoTo Group, Indonesia’s leading digital ecosystem, has taken a significant step forward in enhancing productivity across its engineering teams by collaborating with Microsoft Indonesia to adopt GitHub Copilot, an artificial intelligence (AI) developer tool.
Indonesia’s Happy5 acquires Singapore’s SugarOKR to accelerate global expansion
In a strategic move to bolster its global presence, Indonesia-based enterprise performance management software startup Happy5 has announced it is acquiring Singapore-based startup SugarOKR for an undisclosed sum.
Finture’s YUP secures $30M in Series B funding, aims for US IPO in 3-5 years
YUP aims to serve 50 million users over the next 8 to 10 years, positioning itself as Southeast Asia's leading digital banking service platform with plans for a US IPO in the next 3 to 5 years.
IFC provides $60M green financing to Indonesia’s Gunung Raja Paksi to boost decarbonization
World Bank's International Finance Corporation (IFC) has inked deal to provide $60 million green financing to Indonesian steel producer Gunung Raja Paksi (GRP).
