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Now a massive marketplace with 90 million monthly active users and 9 million merchants, Tokopedia’s rise maps the evolution to a critical driver of growth for the Indonesian economy. 

The startup uses AI and IoT to automate hotels’ energy systems, helping them save up to 30% in energy bills.

Earlier this month, Israel and the UAE signed a memorandum of understanding in banking that will see a joint committee set up to advance cooperation in finance and investments.

The company just bagged USD 30 million in a pre-Series B round led by Future Capital and Shunwei Capital.

The company moved fast to meet explosive growth in the demand for cloud-based video services the education and corporate training sectors during the COVID-19 pandemic.

Paytm’s other apps such as Paytm Mall, Paytm Money and others are still available on Play Store.

The reported USD 10 million deal is a bargain for Tencent compared to the previous Premier League contract.

The web tracker has since been removed, but IndieHome didn’t clarify the incident.

Samsung led the premium smartphone segment with a 37% market share in the first half of 2020.

The report said the festive season is expected to see 45 to 50 million new users shopping online.