Social Media
Indonesia may issue regulation on social media e-commerce – report
"What the people are expecting is that the advancement of technology can create new economic potential, not kill existing economies," Jokowi said.
Malaysia to take action against Facebook’s parent Meta over harmful contents
As there is no sufficient cooperation from Meta, MCMC said it has no option but to take definitive steps or legal action against Meta as a measure to ensure that people are secure and protected in the digital sphere. The agency said such action is necessary in promoting accountability for cybersecurity and enhancing consumer protection against online harms,…
ByteDance’s TikTok to invest ‘billions’ in Southeast Asia, says CEO
Southeast Asia is one of TikTok’s biggest markets in terms of user numbers.
ORIGIN Conference: Planning for Southeast Asia Expansion: Markets and Opportunities
The panelists also shared how their companies are able to expand their businesses regionally, serving their customers with better solutions enabled by the Internet and higher smartphone penetration rate. They also shared their companies’ plans and strategies. They also discussed about the latest trends in their respective industries, how to navigate in the…
Society Pass’s Thoughtful Media acquires Indonesia-based KOL management agency Newave Strategic
Thoughtful Media Group Inc (TMG), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (SoPa), has on Wednesday announced the acquisition of Newave, an Indonesia-based KOL management agency.
Facebook-parent Meta to cut 10,000 jobs in second round of layoffs
Meta owns social media platforms including Facebook, Instagram and WhatsApp.
Bigo Live partners TripleA to enable users pay with crypto
Bigo Live, a Singapore-based social live streaming platforms, has partnered with TripleA, a Singapore-based licensed crypto payment gateway, to enable users to pay with cryptocurrencies.
Singapore’s Partipost raises $7M led by iGlobe Partners
Partipost, a Singapore-based crowd influencer marketing and commerce platform, announced Tuesday that it has secured an investment of over $7 million.The oversubscribed round is led by iGlobe Partners, with participation from Temasek’s Pavilion Capital, Taiwan Mobile, Cathay Venture, and Quest Ventures.
Malaysia’s respond.io raises $7M funding led by Headline Asia
Respond.io, a Malaysia-based social to conversational commerce software as a service (SaaS) platform, has closed $7 million in Series A funding. The round was led by Headline Asia with participation from AltaIR Capital, Smart Partnership Capital, Sterling Oak Group & Calendula Ventures.
India’s ShareChat closes $520M round at $5 billion valuation
ShareChat (Mohalla Tech Pvt Ltd), India’s largest homegrown social media company, announced Thursday the closure of its multi-tranche funding round through which it raised a total of $520 million and reached $5 billion in valuation.
