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A deep dive into the creative industry
 

Latest news in the creative industry

Buzzfeed to go public, valued at $1.5 billion
Buzzfeed to go public, valued at $1.5 billion

BuzzFeed just announced a plan to go public via a special purpose acquisition (Spac) deal with 890 Fifth Avenue Partners

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Business, MediaNikita Purnama30 June 2021Batch 3, GlobalComment
KPI strikes again: 42 songs banned from daytime broadcast

Indonesian netizens were outraged as the Indonesian Broadcasting Commission (KPI) banned 42 songs from daytime broadcast 

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Music, RegulationsNikita Purnama30 June 2021Batch 3Comment
China targets tech giants through Anti-Monopoly Law
China targets tech giants through Anti-Monopoly Law

Chinese financial regulators in November 2020 accused Ant Group, previously Alipay and the world’s largest fintech company, of exhibiting monopolistic behaviour

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Tech, RegulationsNikita Purnama30 June 2021Batch 3, GlobalComment
Kominfo mulls over banning online game PUBG and Free Fire
Kominfo mulls over banning online game PUBG and Free Fire

Sapuan, regent of Mukomuko, Bengkulu, requests the Ministry of Communication and Information Technology to ban popular online games

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Tech, GamingNikita Purnama29 June 2021Batch 3Comment
Lingerie start-up Adore Me sues Savage X Fenty for trademark infringement
Lingerie start-up Adore Me sues Savage X Fenty for trademark infringement

Adore Me filed a complaint on trademark infringement, claiming that company behind Savage X Fenty is infringing Adore Me’s intellectual property

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Fashion, TrademarkNikita Purnama28 June 2021Batch 3Comment
Byo plans to launch men’s collection
Byo plans to launch men’s collection

Byo bags, famous for its geometric shape and weaving technique, is seeking to expand its consumer base to the men segment

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FashionTFR Team24 June 2021Batch 3Comment
Bytedance records $34.3 billion revenue in 2020
Bytedance records $34.3 billion revenue in 2020

Bytedance, the owner of TikTok, announced that itsrevenue surged by 111% to $34.3 billion in 2020

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TechNikita Purnama23 June 2021Comment
MBloc announces new public space
MBloc announces new public space

Company behind South Jakarta’s beloved public creative space M Bloc, announced via its Instagram account that it will open two more public creative spaces

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ArtNikita Purnama23 June 2021Batch 3Comment
BTS teams up with McDonald’s on new merchandise
BTS teams up with McDonald’s on new merchandise

BTS, one of the most notable K-pop boy groups, is working on another collaboration with global fast-food chain McDonald’s

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People, FashionNikita Purnama23 June 2021Batch 3Comment
OnlyFans seeks funding at $1 billion valuation
OnlyFans seeks funding at $1 billion valuation

OnlyFans is reportedly seeking $1 billion valuation as a follow-up to its boom in 2020

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Investment, TechNikita Purnama22 June 2021Batch 3, GlobalComment
LBH Apik receives report from eight alleged victims of Gofar Hilman
LBH Apik receives report from eight alleged victims of Gofar Hilman

LBH Apik last Friday announced that it is open for reports by victims of ex-radio announcer and YouTube personality Gofar Hilman

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PeopleNikita Purnama21 June 2021Batch 3Comment
Victoria’s Secret rebrands to catch up with changing trends
Victoria’s Secret rebrands to catch up with changing trends

Under the new management, the brand forms VS Collective and swaps its model ambassadors, otherwise known as angels, to seven women from different industries known for their achievements

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Brand, PeopleTFR Team18 June 2021Batch 3, GlobalComment
Adidas invests in Spinnova, a sustainable fiber company
Adidas invests in Spinnova, a sustainable fiber company

Adidas is inventing in Spinnova, a Finnish company that produces fiber out of sustainable materials such as wood or agricultural waste.

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BrandNikita Purnama17 June 2021Batch 3, GlobalComment
Indonesia’s economic rebound: retail sales growth peaked
Indonesia’s economic rebound: retail sales growth peaked

Recently, Bank Indonesia released the data on the growth of Indonesian retail sales and in April 2021, the growth peaked by 15.6%.

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RetailNikita Purnama17 June 2021Batch 3Comment
Gojek cuts service fee in Singapore by half
Gojek cuts service fee in Singapore by half

Indonesia’s largest ride-hailing company, Gojek, decided to cut their service fee by half starting from the third quarter of this month at least until the end of 2022.

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TechNikita Purnama17 June 2021Batch 3Comment
Shopee expands to Chile and Colombia
Shopee expands to Chile and Colombia

Southeast Asian e-commerce giant Shopee finally landedin Chile and Columbia two years after it first entered South America

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E-commerceNikita Purnama16 June 2021Batch 3Comment
Ferrari reboots its fashion line
Ferrari reboots its fashion line

The sports car maker on Saturday, 13 June unveiled its menswear and womenswear collection at the company’s headquarters in Maranello, Italy.

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Fashion, BusinessTFR Team15 June 2021Batch 3, GlobalComment
G7 nations to raise tax for multinational tech giants
G7 nations to raise tax for multinational tech giants

Britain, Canada, France, Germany, Italy, Japan and the United States are planning to squeeze more tax from multinational tech giants

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Tech, RegulationsNikita Purnama15 June 2021Batch 3, GlobalComment
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