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OPPO Reno 11F officially teased in Indonesia, design and colour options confirmed

OPPO Reno 11F officially teased The OPPO Reno 11F will come in two colour options of Pink and Green with a glittery finish at the back. There’s a Blue colour expected for the Reno 11F as well.The teaser shows the OPPO Reno 11F with flat edges, and a triple camera setup. Overall it looks like a pretty and stylish phone, something that has been consistent with OPPO’s design language.OPPO hasn’t revealed much but a recent leaked teaser confirmed the Reno 11F will come with a 64MP primary camera, and 67W SUPERVOOC fast…

TikTok invests $1.5B in Indonesia e-commerce market

"The arrangement will allow both TikTok and GoTo to each serve Indonesian consumers and MSMBs (micro, small, and mid-size businesses) more comprehensively," TikTok said in a statement. "GoTo will...remain an ecosystem partner to Tokopedia through its digital financial services via GoTo Financial and on-demand services via Gojek . GoTo will also receive an ongoing revenue stream from Tokopedia commensurate with its scale and growth."The merged entity already has plans to launch its first campaign this week, in line with

TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business

Updated Dec. 11, 2023 4:29 am ETBytedance’s TikTok will invest more than $1.5 billion in a deal with GoTo Group that will allow the Chinese video-sharing app to resume retail operations in Indonesia, one of its most successful e-commerce markets.The companies said Monday that TikTok Shop Indonesia and GoTo’s Tokopedia e-commerce platform will be combined under the existing Tokopedia entity, with TikTok taking a 75% controlling stake.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.

TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business

ByteDance’s TikTok will take a 75.01% controlling stake in a joint venture entity formed in partnership with GoTo’s e-commerce unit Tokopedia, the two tech firms announced on Monday. TikTok will invest $1.5 billion in the combined entity over time “to provide future funding required by the business, without any additional dilution to GoTo’s 24.99% stake,” the companies said.  As part of the transaction, Tokopedia will first acquire TikTok Shop’s Indonesia business for $340 million in the fourth…

Samsung Galaxy Tab A9 Kids Edition, Tab A9+ Kids Edition launched

Samsung has launched the Galaxy Tab A9 Kids Edition and the Galaxy Tab A9+ Kids Edition in Indonesia. The company says that its new tablets are safe and comfortable for children. Both tablets come with extensive parental controls and tools to limit children's watch time. The Galaxy Tab A9 Kids Edition is priced at IDR 3,299,000, while the Galaxy Tab A9+ Kids Edition (5G) costs IDR 4,999,000. Both these tablets were launched a few weeks ago in global markets. Galaxy Tab A9 Kids Edition and Galaxy Tab A9+ Kids Edition…

tiktok: Indonesia’s GoTo in talks with TikTok over potential ecommerce partnership

Indonesia's biggest tech firm GoTo Gojek Tokopedia said on Friday it was in talks with short video app TikTok over a potential e-commerce partnership in the Southeast Asian country. No final deal has been reached, GoTo added in a statement. The company also said the discussions did not include a takeover plan or any sale of more than 50% of its shares to any party.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of…

Gravel gets funding from NEA to support Indonesia’s booming construction industry

Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a time-intensive process, however, and often relies on personal networks and lengthy recruitment efforts. The founders of Gravel want to change that by making it easier to find workers and other construction professionals. The Jakarta-based startup announced today it has raised $14 million. Investors include New Enterprise…

Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry

In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include the lack of localized software and a more fragmented logistics industry where SMBs dominate. Fr8Labs wants to digitize Asia’s logistics industry with its SaaS operating system and has plans to turn it into an open ecosystem that multiple players can tap into with APIs. The Singapore and Indonesia-based startup announced today it…

Experts Doubt Claims that World’s Oldest Pyramid Was Discovered in Indonesia

A headline-grabbing paper claiming that a structure in Indonesia is the oldest pyramid in the world has raised the eyebrows of some archaeologists — and has now prompted an investigation by the journal that published it, Nature has learnt.The paper, published in the journal Archaeological Prospection on 20 October, garnered headlines around the world. Its central claim is that a pyramid lying beneath the prehistoric site of Gunung Padang in West Java, Indonesia, might have been constructed as far back as 27,000 years…

Spending and ethics in focus

TikTok has officially launched its e-commerce service TikTok Shop in the US. Costfoto | Nurphoto | Getty ImagesConsumers are increasingly turning to social media for their shopping this holiday season, and TikTok's latest venture into e-commerce has emerged at the forefront.The platform introduced TikTok Shop in the U.S. in September as an in-app shopping experience, capitalizing on the #TikTokMadeMeBuyIt trend. The shop gives opportunities to both content creators who could sell their own products and avid TikTok users…