News
Vietnamese edtech Galaxy Education raises nearly US$10 million from East Ventures and other investors
Galaxy Education (GE), a Vietnamese education technology company, has secured nearly US$10 million in funding from East Ventures and other investors, marking one of the largest EdTech investments in Vietnam amid challenging market conditions.
How AI is transforming economic growth in emerging markets
AI (artificial intelligence) is rapidly transforming emerging markets in Southeast Asia, particularly in countries like Indonesia. There, a youthful, tech-savvy population and growing digital infrastructure have spurred tremendous growth in generative AI platforms like ChatGPT. According to OpenAI, the number of weekly active users has increased threefold in just over a year, positioning the market among the top five globally for weekly ChatGPT usage.
Walking the green talk: Jejakin’s impact on the carbon footprint reduction
Indonesia has experienced steady and positive economic growth in the last decade, averaging around 4–5% annually. This progress has been fueled by the expansion of key sectors such as manufacturing, mining, and infrastructure. Notably, the government has set an ambitious vision through the Golden Indonesia 2045, which includes a target for the manufacturing sector to contribute 28% to the country’s GDP, positioning it as a driving force behind long-term national development.