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Ifvex

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2025-07-31 13:01:55 -

Bukalapak’s revenue grows 12% quarter-on-quarter in 2Q
Indonesian e-commerce company Bukalapak announced Wednesday that its revenue for the second quarter grew by 12 percent quarter-on-quarter to Rp 1.6 trillion ($97.6 million), driven primarily by strong performance in the gaming and investment segments. The firm said in a statement that its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) improved by 30 percent...

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Ifvex

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2025-03-18 01:52:09 -

Google Cloud and BCG launch AI Innovation Center in Indonesia
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. The duo said in a statement that the AI Innovation Center aims to help public and private sector organizations reimagine...

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Ifvex

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2025-06-09 04:46:55 -

GoTo and Alibaba Cloud complete cloud migration for GoTo Financial
GoTo Group, the largest digital ecosystem in Indonesia, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Thursday the successful migration of GoTo Financial’s infrastructure to Alibaba Cloud’s data centers in Jakarta, Indonesia. The duo said in a statement that this milestone marks a key achievement in the strategic partnership formed...

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Ifvex

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2025-05-05 13:51:02 -

GoTo announces resignation of members of board of directors, commissioners
Indonesia-based PT GoTo Gojek Tokopedia Tbk (GoTo), the parent company of Gojek and Tokopedia, has announced the resignation of members of its Board of Directors and Board of Commissioners. The firm said in a statement on last Friday that the company has received resignations from two members of the board of directors last Wednesday. Thomas Kristian Husted, resigning from his position as Vice...

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Ifvex

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2025-05-03 15:16:18 -

Left then right, then EV: Chinese car maker SOUEAST unveils ambitious global play
Chinese car maker SOUEAST has unveiled a strategic three-stage plan for the next few years, beginning with internal combustion engine (ICE) and plug-in hybrid electric vehicle (PHEV) in left-hand drive markets, moving to a balanced portfolio for right-hand drive regions, and ultimately prioritizing EVs for the European Union by 2030. “From 2024 to 2025, SOUEAST will focus on ICE...

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