Will a TikTok ban take a bite out of ByteDance?

More: GrabPay to accept crypto payments in Singapore. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [A countdown for TikTok and ByteDance?]( - GoTo Group’s financial health in 7 charts - Other newsy highlights such as GrabPay to start accepting crypto in Singapore and Singtel eyeing cloud computing play with Nvidia tech --------------------------------------------------------------- Hello {NAME} Presidential election years in the US always make for strange and fascinating political theater, and 2024 has been no exception so far. For instance, who would have thought that former President Donald Trump would flip-flop on his stance on TikTok? Just four years ago he threatened to ban the app - now he’s opposing efforts to follow through on that threat. Media coverage of the ban’s political implications has been done to death, but what of the impact on ByteDance? Fueled by TikTok’s global influence, ByteDance - as its recent financials show - could exceed Meta as the world’s top-earning social media firm. We asked some investment analysts for their take on how this latest drama could play out for ByteDance. Watch this space for more to come between now and November though. -- Peter  ---------------------------------------------------------------  THE BIG STORY [US TikTok ban looms: What’s next for ByteDance?]( ByteDance has fought hard against a TikTok ban in the US, but selling the unit off could be a plus for the Chinese firm’s listing ambitions. --------------------------------------------------------------- TRENDING NEWS [Singtel to launch Nvidia-powered cloud computing offering]( The service offers access to GPUs, which are useful for machine learning, graphics rendering, data processing, high-performance computing, and gaming. [Grab adds crypto top-ups to GrabPay via Triple-A partnership]( This feature allows users in Singapore to convert stablecoins and other digital assets into usable funds for their GrabPay wallets. --------------------------------------------------------------- SAIGON SUMMIT 2024: CHARTING VIETNAM’S TECH FUTURE Dedicated one-on-one time with top investors for fundraising opportunities We know that fundraising is a daunting task. So let us take the stress and guesswork out of the process and turn it into a rewarding experience by opening doors to the right investors. At Saigon Summit 2024, we’re hosting Investor Hour, where you’ll get to pitch directly to selected VCs and secure your funding. It’s time to convince them that investing in your startup isn’t a smart move - it’s the smartest one. Hurry, ticket prices go up next week. [Find out how you can sign up for Investor Hour here](. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [GoTo Group’s financial health in 7 charts]( The charts in this article, which are updated every quarter, present a snapshot of how the Indonesian giant is doing. ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - CBTW - [Philippines’ Metrobank partners with CBTW to transform its wealth management technology]( Metrobank & CBTW are implementing Temenos Wealth to enhance the Bank's operational efficiency and accelerate business growth.  - iCompany - [iCompany Launches AI-Powered Digital Solutions for Business Incorporation in Malaysia]( iCompany is set to transform the way entrepreneurs and businesses set up Sendirian Berhad in Malaysia.  - Request Finance - [Request Finance Acquires Consola Finance To Become the Ultimate Enterprise Finance Platform for Both Crypto and Fiat]( Request Finance just acquired one of the leading technologies for crypto accounting - Consola Finance.  ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Saigon Summit 2024: Charting Vietnam’s Tech Future on May 30]( As a founder, getting opportunities to talk to the right investors is always tricky. Saigon Summit is here to help you out: secure a ticket, apply for Investor Hour, and get a dedicated slot to pitch your ideas to top-tier investors. Slots are filling up fast, so buy your ticket now! - [Tech in Asia’s Founders Meetup in Singapore on April 24]( Discover what awaits at Founders Meetup 2.0 in Singapore! Join us at Hopscotch to glean insights and insider tips from distinguished VCs on navigating the tech winter. You could even secure exclusive face time with them to gain clarity on your funding struggles and prospects. Don’t miss out - [grab your ticket]( and be part of the experience! P.S. We’re just getting started. We’re hosting many other Founders Meetups this year, so [stay tuned]( - [Tech in Asia Conference Kuala Lumpur: Malaysia on the Rise]( The Tech in Asia Conference is back! This year, we’re thrilled to be hosting our flagship event not just in Jakarta but also at a new stop: Kuala Lumpur. TIA Conference KL aims to provide a platform for founders, leaders, and innovators from Southeast Asia to come together, foster connections, and exchange insights on Malaysia's untapped potential. Through thought-provoking panels, curated networking sessions, and dedicated exhibition opportunities, attendees will gain fresh perspectives on what’s next for the country’s tech ecosystem. Tickets to this event are available now. Catch our early bird special, with prices starting from just US$40 (US$80 unit price) for a General Pass. [Grab yours while the offer lasts]( ---------------------------------------------------------------  CONFERENCE LINEUP Check out Tech in Asia’s other signature events lineup for 2024 [here](. - [Product Development Conference (June 2024)]( Presale is now open! This year’s conference, themed around “scaling product innovation from startup to enterprise,” will deliver tailored insights for attendees at any stage of their business journey. [Secure your spot now]( - tickets start from US$13 (197,500 rupiah)! - [Tech in Asia Conference Kuala Lumpur 2024 (July 2024)]( For the first time ever, Tech in Asia Conference is coming to Kuala Lumpur! Join us in July as tech enthusiasts and industry experts across Southeast Asia get together for the region’s largest tech gathering. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Technical Helpdesk (Oninyon Revolusi Kreatif Indonesia)]( at Dealls Yogyakarta, Indonesia - [Lead Unity Developer]( at ForgeFun Jakarta, Indonesia - [Senior Tech Ops]( at AwanTunai Jakarta, Indonesia - [Digital Marketer of Meta Ads & Tiktok Ads (Remote Internship)]( at Tujuh Konversi Jakarta, Indonesia - [Data Engineer (WFO)]( at Scout.inc Jakarta, Indonesia - [Legal Associate]( at Andalin Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. 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