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LG Will Reveal Next Phase In Development Of 'Smart Kitchen' at CES

At CES 2019, LG in addition to presenting new gram laptops and a capsule-based beer making machine would be unveiling the next development phase of the "smart kitchen" based on a collection of smart kitchen products paired with the Drop KitchenOS platform. This collection include ovens, dishwashers, refrigerators and now a smart display all working in harmony to help simplify the task of food preparation and meal cleanup.

The display being added is the XBOOM AI ThinQ WK9 Smart Display which includes a powerful stereo speaker with AI built-in, access to the Google Assistant and thousands of smart personalized recipes from culinary startup Innit.


The capsule-based beer making machine, the HomeBrew also makes for an addition to the smart kitchen ecosystem along with an InstaView ThinQ refrigerator and QuadWash dishwasher. For example, smart kitchen customers could enjoy a cold brew while looking up recipes on the smart display which is then sent to the oven ensuring a pre-heat…

Tokopedia said to be valued at $7 billion after $1 billion funding from Softbank and others

Tokopedia

Indonesian e-commerce company Tokopedia and the country's largest online marketplace is reportedly now valued at $7 billion after a $1 billion round raised from existing investors including Softbank. The report comes from Bloomberg citing people familiar with the matter.

A $7 billion valuation will shoot Tokopedia to become Indonesia's most valuable startup in a country that counts 3 other unicorns - Bukalapak, Go-Jek and Traveloka. The company has raised around $1.3 billion prior to this reported round from investors including Alibaba, Sequoia, East Ventures, Beenos Ventures and also Softbank.

Tokopedia

It's unclear if Softbank's participation in this reported round came from the company itself or through the Vision Fund although earlier this year, It transferred prior holdings in Tokopedia to the fund. Founded in 2009, Tokopedia has grown to be the leading e-commerce player in Indonesia benefiting from high growth in the country's digital economy predicted to be worth $53 billion by 2025 according to a recent report from Google and Temasek.

Tokopedia hasn't yet confirmed this reported investment with no official statement put out as of current.




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