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Asia's tech landscape thrives with significant funding deals amid challenges

In June 2025, funding activity in Asia remains robust despite challenging macroeconomic conditions, with notable deals including India’s Udaan raising $114 million and China’s D-Robotics securing $100 million. A total of 58 deals worth over $575 million were reported recently, highlighting ongoing investor interest in the region's startups. Additionally, a new platform, Glasswall, aims to enhance transparency in fundraising by allowing founders to share feedback on investors.

GoTo Completes Major Cloud Migration to Tencent Cloud in Jakarta

GoTo Group has successfully migrated its On-Demand Services systems to Tencent Cloud's local data center in Jakarta, completing the complex transition of over 1,000 microservices in under five hours. This move enhances local data processing capacity and aligns with Indonesia's data sovereignty laws, driving cloud investment growth in the region. The migration not only improves scalability but also reflects a broader trend of digital transformation among Southeast Asian businesses.

Egyptian fintech startup raises 7 million for global stablecoin banking expansion

Limited, a US-based fintech startup founded by Egyptian entrepreneur Hussein Ahmed, has raised $7 million in seed funding to expand its stablecoin-based global banking services. The platform, which integrates self-custody security with traditional banking functionality, is accessible in 176 countries and supports over 300 local payment methods. This funding will enhance growth in high-opportunity markets across Latin America, Southeast Asia, and the Middle East, addressing the demand for secure, borderless financial services.

renewable energy could power one third of southeast asia data centers by 2030

Southeast Asia is poised to see a significant shift in energy use, with projections indicating that by 2030, a third of the region's data centers could be powered by solar and wind energy. This transition is crucial as the demand for energy-intensive technologies, like AI, continues to rise. However, experts caution that renewable energy alone won't suffice; investments in battery storage and smart electricity management are essential for sustainable growth.

YouTube creator ecosystem thrives in Southeast Asia with rising consumer trust

YouTube's creator ecosystem in Southeast Asia has seen remarkable growth, with 7,600 channels surpassing 1 million subscribers and 290 million users reached in 2024. Video commerce now accounts for 20% of e-commerce GMV, driven by high consumer trust in creator content, particularly in Thailand and Indonesia. This shift towards trust-based commerce is reshaping the digital economy, as creators increasingly influence purchasing decisions and consumer behavior across the region.

Indonesia's Danantara explores stake in Grab GoTo merger amid regulatory hurdles

combating generative ai fraud through public private partnerships and advanced technology

Generative AI has significantly increased the risk of fraud, particularly in financial services, with deepfake incidents rising by 700% from 2022 to 2023. Public-private partnerships and AI-driven solutions are essential for combating these threats, as traditional verification methods struggle against sophisticated attacks. Education and awareness are crucial, alongside cross-border collaboration among regulators to enhance consumer protection and security practices.

Indonesia aims for complete local telecom testing by 2026

Indonesia's Ministry of Communication and Digital Affairs aims to shift all telecommunications device testing to local facilities by 2026, addressing past reliance on foreign labs. The Indonesia Digital Test House, operational since May 2024, seeks to enhance self-reliance and meet international standards, with a focus on boosting the local economy and improving telecommunications infrastructure across the archipelago.

southeast asia mobile game downloads surge to second largest globally in 2025

Southeast Asia ranked second globally in mobile game downloads in Q1 2025, with 1.93 billion installs, a 3% increase from the previous quarter, and generated $625 million in in-app purchase revenue. Indonesia led the region with 870 million downloads, while Thailand excelled in revenue generation, reflecting strong digital payment infrastructure. The region's growth is driven by rising smartphone adoption and a young, engaged population, with free-to-play models dominating the market.

telkomsel and perplexity launch innovative ai internet bundle in indonesia

Telkomsel has partnered with Perplexity to launch Indonesia's first AI internet bundle, combining high-speed connectivity with AI tools. This initiative aims to enhance access to AI services, addressing infrastructure challenges and aligning with the national AI strategy. The bundle is available for both enterprise and retail customers, reflecting Indonesia's leadership in AI adoption in Southeast Asia.

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