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The tales that the numbers tell of SEA’s listed tech firms

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techinasia.com

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newsletter@techinasia.com

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Wed, Apr 3, 2024 11:30 PM

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More: VinFast sets foot into Indonesia. Daily Newsletter Welcome to Tech in Asia's free Daily Newsle

More: VinFast sets foot into Indonesia. [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: - [19 charts]( that give insights into how Southeast Asia’s tech giants are doing - The start of EV firm Scorpio Electric’s international play - Other newsy highlights such as VinFast’s first steps into Indonesia --------------------------------------------------------------- Hello {NAME} I recently watched a TikTok video that explained why Taylor Swift’s fans are as devoted as they are. Essentially, due to her longevity, many fans have been able to grow up alongside her music; in other words, her songs make up the soundtrack of their lives. That finally gave me some insight into her whole fandom, which can seem a bit much at times. I get it now, although I still don’t quite understand why they have to pin all their hopes and dreams on her - can’t one have multiple role models at any one time? My creative influences, for example, run the gamut from rock bands (Led Zeppelin, Rage Against The Machine) to detective novel writers (Agatha Christie). But I’m not here to yuck anyone’s yum. This opening spiel just points out the important role that leading lights play in our lives, and that’s no different in the Southeast Asian tech scene, with many of us invested - sometimes literally - in the activities and performance of the likes of Grab, Sea Group, and GoTo. Today’s featured premium article takes a look at the financial figures of the region’s publicly listed tech firms in 19 handy-dandy charts. -- Winston  ---------------------------------------------------------------  THE BIG STORY [SEA’s listed tech majors in 19 charts: GoTo’s, Bukalapak’s market values continue slide]( These companies could dictate whether more global investors will back Southeast Asia and decide the fate of the region's tech industry.  --------------------------------------------------------------- TRENDING NEWS [VinFast sets up first EV dealership in Indonesia]( This marks one of the first steps in VinFast’s plan to establish a strong presence across Indonesia’s major cities by 2024. [Scorpio Electric partners with distributors in 4 countries ahead of e-bike launch]( Production and delivery for the Scorpio Electric X1 maxi-scooter, the firm’s first EV, are expected to start in late 2024. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [VC funds tracker: B Capital, Fullerton Fund, others add $5.4b in new funds]( Fundraising is difficult. To make things easier, we have compiled a detailed list of the most recent VC funds for our subscribers. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asia’s signature events [here](. - [Saigon Summit 2024 : Charting Vietnam’s Tech Future on May 30]( 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 Investor Hour. It’s time to convince them that investing in your startup isn’t a smart move - it’s the smartest one. [Find out how you can sign up here](. - [Tech in Asia Conference Kuala Lumpur 2024 : Malaysia on The Rise on July 24-25]( Tech in Asia Conference is making its Malaysia debut this July. This event will feature compelling panel discussions, insightful skill-building workshops, and exclusive interviews with established and emerging brands across various industries. Celebrate Hari Raya with our special promotion of 45% off on all ticket types.[Grab yours]( while the offer lasts! - [Product Development Conference (Jakarta, 25-26 June 2024)]( 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. This Hari Raya, celebrate togetherness with your friends and colleagues! Enjoy a special Hari Raya package: 6 General Passes or 4 Pro Passes for IDR 1,445k (USD 92). [Get tickets](  - [Tech in Asia’s Founders Meetup in Singapore on April 24]( It’s hard to answer the question of whether investors are ready to deploy funds amid the current macroeconomic environment, but we’ve got the insights you need. Esteemed VCs like Ed Barker from Square Peg, Jeffrey Seah from MSW Ventures, and Rufus Sorsa from Antler will share their take on funding optimism, sector rebounds, and strategies for navigating the tech winter. [Get your ticket now]( - [Distillery Takeover with Airwallex on April 18]( Experience the heritage of Singapore’s Tanglin Gin Distillery during our bespoke distillery takeover - an experiential dinner that goes beyond networking. Join a selected group of global industry leaders for a behind the scenes look into the art of gin-making while exchanging business insights. [Apply for your invite here](. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Editorial AI and automation specialist]( at Tech in Asia Bangalore, India - [Content Manager]( at KoinWorks Jakarta, Indonesia - [Senior Computer Vision Engineer (C/C++/Python)]( at Alfabeta Solusi Nusantara Jakarta, Indonesia - [Brand Analyst [Mama's Choice]]( at PT Tickled Audience Platform Jakarta, Indonesia - [Frontend Developer]( at Scout.inc Jakarta, Indonesia - [Tech Journalist]( at Tech in Asia Bangkok, Thailand [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. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2024 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894

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