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Ecommerce platforms in Southeast Asia are intensifying efforts to boost consumer spending, with Lazada committing $100 million to enhance its affiliate program. Influencers are being incentivized to promote products, while Glance AI introduces a genAI tool for personalized shopping experiences. As large language models reshape online searches, brands are adapting to this new landscape, creating a burgeoning ecosystem around generative engine optimization.
The Asia Economic Summit is poised to be a pivotal event, attracting C-suite executives, investors, and government leaders for a day of strategic discussions and networking opportunities. Attendees will gain insights from main-stage sessions, engage in executive roundtables, and enjoy curated meals designed to foster meaningful connections. Recent funding trends highlight a significant focus on climate tech, with notable investments in startups addressing carbon removal and sustainability.
TikTok is enhancing its local services in Indonesia through TikTok Go, an affiliate program that allows creators to promote discounts at partner merchants. Users can redeem offers by visiting outlets and presenting a QR code, but the model raises questions about sustainability for creators and merchants alike.In the automotive sector, BYD's Denza D9 has surpassed Toyota's Alphard in sales, with over 3,000 units sold since its launch, benefiting from lower costs and government tax breaks for electric vehicles. This shift signals potential challenges for Toyota, which relies on brand loyalty in the competitive Indonesian market.
Global vegetable oil production is projected to reach a record 234.5 million tons in 2025/26, surpassing demand of 228.9 million tons. Palm oil remains the leading oil, with Indonesia producing 47.5 million tons, while soybean oil is expected to rise to 70.8 million tons, primarily driven by China. Additionally, rapeseed oil and sunflower oil production are set to increase, reflecting growth in key producing regions.
Anaplan has launched a new data centre in India as part of a $500 million investment aimed at enhancing innovation and global reach. This facility addresses the growing demand for data-driven decision-making, ensuring data residency and compliance with local regulations, while also supporting planned expansions in Indonesia and Singapore. The centre will significantly improve performance and reduce latency for Indian customers, facilitating better financial forecasting, supply chain optimisation, and digital transformation initiatives.
German second-line stocks lead with a 20.62% increase, followed by commodity stocks at 10.11% and automotive sectors at 6.96%. In banking, Goldman Sachs and UBS show strong performance, with year-to-date gains of 79.8% for Societe Generale, while Sberbank faces a significant decline of 67.53%. The average performance of BSN-Group Banks stands at 23.19%.
Cisco Systems' executive vice president now owns 191,184 shares valued at approximately $11.6 million after a recent sale, which decreased their position by 1.07%. Over the past 90 days, insiders sold 14,635 shares, while institutional investors hold 73.33% of the stock. Analysts have raised Cisco's price target to $73.00, suggesting a potential upside of 14.74%. The company reported earnings of $0.96 per share, exceeding estimates, and announced a $15 billion share repurchase plan, indicating management's belief in the stock's undervaluation.
Huawei Cloud's 2025 Asia Pacific Partner Conference in Thailand gathered over 400 partners to discuss AI's role in enterprise transformation. The company aims to enhance its AI-native cloud services and support local partners through initiatives like the Partner Sales Acceleration Program 2.0 and the Industry Deep-Dive Initiative, focusing on sectors such as finance and telecommunications. With significant growth in operations and a commitment to ecosystem development, Huawei Cloud is poised to drive digital transformation across the region.
Huawei Cloud is advancing its AI ecosystem in Asia Pacific through the integration of multimodal large language models and a focus on collaboration with over 2,500 local partners. The company aims to enhance AI technology innovation and solution development, particularly for SMEs, by launching initiatives like the Industry Deep-Dive Initiative and the Partner Sales Acceleration Program 2.0. With a commitment to building a robust digital ecosystem, Huawei Cloud emphasizes the importance of a partner-driven approach to unlock growth and meet the increasing demand for AI solutions.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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