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U.S. companies support COVID-19 relief in Indonesia, Southeast Asia

Candid

Chamber of Commerce with support from Business Roundtable — has announced commitments in support of COVID-19 pandemic relief and response efforts in Indonesia and Southeast Asia. Indonesia now accounts for approximately one in five fatalities globally as it struggles with shortages of oxygen and hospital capacity.

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Summer International uses social media data to launch new beauty brands

TechCrunch

Summer International stays ahead of the game by identifying the most influential content creators, and working with them to incubate new brands. NYX founder and Bespoke Beauty Brands CEO Toni Ko will also join Summer International as a strategic investor. NYX was acquired by L’Oreal in 2014 for about $500 million.

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Southeast Asian startups to watch in 2022

TechCrunch

Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. And Indonesia in particular warrants special attention, as the fourth-largest economy in the world and the most populated Southeast Asian country with 273.5 million people.

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Vivo’s gimbal-equipped X50 flagship phones are launching internationally

The Verge

Vivo has announced the international launch of its new X50 series of flagship smartphones , including the X50, the X50 Pro, and the X50 Pro Plus. The X50 series will initially launch in markets including India, Indonesia, Russia, and more. All three phones have a 32-megapixel hole-punch selfie camera, dual-mode 5G, and Wi-Fi 6.

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Chinese EV maker Neta enters Indonesia with three models

TechNode

Chinese automaker Neta announced on August 10 a plan to sell its electric vehicles in Indonesia from the fourth quarter of this year. This marks Netas debut in Indonesia, having previously expanded to Thailand, Malaysia, and other ASEAN countries.

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Indian edtech giant Byju’s to expand to international markets

TechCrunch

Byju’s plans to expand to international markets in the second half of next month as the Indian edtech giant, valued at more than $13 billion, looks to accelerate its growth, TechCrunch has learned and confirmed. Brazil, Indonesia and Mexico next month and explore other geographies later this year, it told employees in an email.

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Waresix acquires Trukita to connect more of Indonesia’s fragmented logistics chain

TechCrunch

Trukita has an extended network of over 10,000 trucks, and the combination of the two companies means it is “now one of the largest logistics technology providers in Indonesia,” said co-founder and chief executive officer Andree Susanto. to advance its push to digitize logistics in Indonesia. Waresix hauls in $14.5M

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