Social Media

TikTok mulls investing in Indonesia’s GoTo to revive online shop – report

Indonesia is also among the first countries in Southeast Asia to push back against TikTok. Following the Indonesia restrictions, nearby Malaysia also said it is studying the possibility of regulating TikTok and its e-commerce operations.

SoPa’s Thoughtful Media ventures into concert sponsoring in Indonesia

Thoughtful Media Group Inc (TMG), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (SoPa), has on Tuesday announced that it will commence sponsoring local live music events in Southeast Asia (SEA), resulting in creating unique marketing opportunities for advertisers.

Australia’s Atlassian to acquire video messaging platform Loom for $975 million

Atlassian Corporation, a provider of team collaboration and productivity software based in Australia, will acquire video messaging platform Loom for approximately $975 million to supercharge team collaboration.

Singapore’s REPUBLIK closes $6M seed funding round, valued at $75M

REPUBLIK, a Singapore-based technology company, has announced the successful conclusion of its $6 Million seed funding round. The round saw participation from leading investors, including OKX Ventures, 6th Man Ventures, Arcane Ventures, CMS Holdings, Comma3 Ventures, Define Ventures, Enjin, FBG Capital, HTX Ventures, Mirana Ventures, Oracles Investment…

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,…

Tiktok, Bytedance

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.