Tech in Asia

Bukalapak ended Q1 with 18.8 trillion rupiah (US$1.12 billion) in cash and liquid investments.

Huawei also suggested creating a “safety training camp” to teach users how to properly use assisted driving systems.

The shortfall resulted from higher payroll taxes on employee salaries and benefits in various countries.

These changes are expected to take effect by the end of June 2025, with further adjustments still under review.

The company clarified that such a plan was only under consideration for its Amazon Haul store, not its primary platform.

Minister Meutya Hafid said the app will use data to track food production and distribution.

TSMC is a key supplier to major companies like Apple and Nvidia, playing a crucial role in global chip production.

Grab emphasized its focus on cost discipline and operational improvements.

The growth was driven by higher demand for PC memory and smartphones, particularly from Apple and Lenovo.

The MBI combines MyEG’s Zetrix technology with other blockchain networks like Ethereum and Solana.

OpenAI's CEO Sam Altman also mentioned that the company is making adjustments to the model's personality. 

This move is part of the company's strategy to increase its presence across Indonesia.

Animoca's strategy includes investment, ecosystem advisory, and infrastructure.

Stimuler aims to grow its operations in Latin America (LATAM) and Southeast Asia (SEA).

JIC Venture Growth Investments, the VC unit of sovereign wealth fund Japan Investment Corporation, led the round.

Match Group has announced changes to its board of directors after reaching an agreement with shareholder Anson Funds.

QNu Labs offers hardware-based quantum solutions like Quantum Key Distribution and Quantum Random Number Generation.

The Singapore-based VC firm has its eyes on seed-stage SEA startups that aren’t simply following the buzzwords.

The White House described Amazon's tariff display plan as a 'hostile and political act'.

To address challenges in the US market, Adidas plans to focus on improving results in other regions.