Indonesia

Vietnamese electric vehicles maker VinFast has signed a memorandum of understanding (MoU) with Indonesian vehicle distributor PT Aribi Amartapura (Amarta) to accelerate the expansion of its showroom network in Indonesia.

Indonesia-based telecommunications firm Telkom Group said Tuesday that it plans to implement LlaMa, a state-of-the-art, open-source AI model developed by global technology firm Meta, into the customer chatbots of its enterprise clients.

Indonesia-based property marketplace Rumah123 has established a strategic partnership with digital mortgage platform PT Ringkas Technology (Ringkas) to boost property financing in the country.

Indonesia's largest telecom operator Telkomsel has signed a mobile video advertising agreement with Novosol, a global mobile video advertising leader, to boost their revenue in the country.

Indonesian e-commerce firm PT Bukalapak.com Tbk announced Wednesday that its revenue rose 7 percent quarter-on-quarter in the fourth quarter of 2024, primarily driven by a strong 21 percent increase in marketplace revenue.

Tencent Cloud, the cloud business of global technology company Tencent, has announced the signing of a memorandum of understanding (MoU) with Indonesian cloud service company Mega Berjaya Teknologi, to support the acceleration of Indonesia’s digital transformation.

Google Cloud and Boston Consulting Group (BCG) have on Monday announced the launch of the artificial intelligence (AI) Innovation Center for Indonesia, a joint initiative to address key challenges in Indonesia's AI adoption and empower enterprises to innovate at scale.

Elevarm, an Indonesian agritech company, has raised $4.25 million in pre-Series A financing led by Intudo, with participation from existing investors Insignia Ventures Partners and 500 Global.

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has exceeded its breakeven guidance, with record high core gross transaction value (GTV), gross revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), underscoring its accelerating growth and profitability.

Vietnamese electric vehicles (EVs) maker VinFast and Indonesian state-owned bank PT Bank Negara Indonesia (Persero) Tbk (BNI) have signed a strategic partnership to accelerate green transition, sustainable growth.