
Bukalapak Posts IDR 821 Billion Half-Year Loss on Investment Decline
First-half revenue rose nearly 30 percent to IDR 3.99 trillion led by gaming, but an IDR 1.74 trillion investment drop pulled the Indonesian tech firm into the red.
Tag
62 stories in this topic

First-half revenue rose nearly 30 percent to IDR 3.99 trillion led by gaming, but an IDR 1.74 trillion investment drop pulled the Indonesian tech firm into the red.

The Indonesian platform maintains its focus on neighbourhood kiosk networks and physical supply chains despite virtual goods driving current sales.

President Shuji Utsumi says films, brand licensing and fandoms are reshaping franchise value across multiple media channels.

Non-endemic sponsors now account for 60 per cent of esports partnerships as research across 12 markets shows 64 per cent of fans purchase products tied directly to their subcultures.

Chinese tech giants Alibaba Group Holding and ByteDance are divesting non-core gaming and retail assets to private equity funds, reallocating significant resources to accelerate their push into artificial intelligence development across Asia.

Japanese university students are using Minecraft workshops to help younger generations understand the cityscapes of Hiroshima and Nagasaki before the 1945 atomic bombings, fostering a deeper connection to historical events through interactive technology.

Samsung Galaxy devices are set to experience a major enhancement to their Mobile Gaming Hub. The company is introducing a significant upgrade, which includes a more streamlined interface, personalised game suggestions, and integrated YouTube functionalities…

The long-awaited Switch 2 made its debut on Thursday, capturing the attention of gamers and tech enthusiasts alike. Unable to keep up with the surge in demand, Nintendo has devised clever strategies to ensure that only genuine players can snag this coveted…

he best deals in the gaming industry, Xbox Game Pass, will soon be available on Amazon Fire TV. Microsoft has just announced it has teamed up with Amazon to bring its Xbox Cloud Gaming service to over 25 countries where Xbox Game Pass Ultimate is available.…

Remember the Pokémon GO craze that got people all over the planet to go haywire? Well, another Pokémon game is coming to your mobile phone this year: the Pokémon Trading Game Card. Shares in Japan’s developer DeNA jumped 24% in Tokyo trading after the gaming…

YouTube is testing a product for playing online video games. YouTube’s plan to stretch beyond hosting video content and into sharing video games was the subject of an email sent to Google employees. The product already has a name, Playables, which will allow…

Since its inception in 2003, BetConstruct has taken the iGaming industry by storm, maintaining a top position as one of the world’s foremost gaming service providers. The London-based firm has grown from a purely Asian-focused company to an industry…

The Ministry of Information and Communications said it will deploy solutions to block the payment for unauthorized games in the country. There are hundreds of thousands of unauthorized games, card games, and gambling games which cause insecurity and disorder…

Over recent years, Burmese casino players have had several options to help them enjoy the thrill of online gaming. With the number of online casinos available in Myanmar, it may not be easy to pick the right choice. Let’s take a look at the dynamics of online…

According to Statista, the global online gambling market is expected to grow to more than $92.9 billion by 2023. As of 2021, the total market size is valued at $59 billion, meaning the industry’s size will double in the next few years. So, what sustains the…

Play-to-Earn games where participants convert digital credits into real-world money are gaining in popularity and are the gaming industry’s next big thing. Blockchain-based technology is upending the gaming industry. Until recently, regular games didn’t offer…
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.