Granite Asia builds on its foundations

More: TikTok triples its merchant base and average sales in Vietnam. [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: - [Granite Asia’s rebrand in focus]( - Carro sets its sights on a US$100 million pre-IPO fundraise - Other newsy highlights such as TikTok reporting big gains in Vietnam. --------------------------------------------------------------- Hello {NAME} Crusaders FC, the soccer team I support back home in Northern Ireland, has gone through a few jersey rebrands in recent years. Rather than ripping up every part of the club’s identity and starting anew, these “rebrands” typically keep the existing colors and just redesign the shirt somewhat. Because, after all, why throw out what has worked for you over the years just for something new and shiny? The Asia unit of GGV Capital recently rebranded as Granite Asia, but as today’s featured story details, that doesn’t mean it’s all change at the firm. Senior managing partners Jenny Lee and Foo Jixun are still at the helm and plan to use their years of experience as the firm tweaks what it does, rather than change completely. -- Peter  ---------------------------------------------------------------  THE BIG STORY [Following the rebranding, Granite Asia’s veteran partners dig in for the long haul]( While Granite Asia might be thought of as a throwback to GGV Capital, it has been refashioned, as it were. --------------------------------------------------------------- TRENDING NEWS [Carro eyes $100m pre-IPO raise to push valuation to $1.5b]( While the used-car marketplace is ready for an IPO, the decision to list will depend on the broader macro environment, CEO Aaron Tan told Bloomberg. [TikTok Shop triples sales, merchant count in Vietnam]( TikTok Vietnam had over 67 million users in a country of 100 million in 2024. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Indonesia’s top-funded tech companies in the last decade]( Which companies in the country are getting the lion’s share of investments? This automated tracker will help you stay up to date. --------------------------------------------------------------- TECH IN ASIA’S FOUNDERS MEETUP: VIETNAM ON MAY 30  Early bird promotion’s ending soon - get your ticket now! Founders Meetup is returning to Vietnam as part of the official closing party of Saigon Summit! Unwind and connect with founders, startup leaders, and investors from across the region at this premier networking mixer. Hurry, [get your early bird ticket before promo ends on April 19!]( ---------------------------------------------------------------  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. - Bossjob - [WSHAsia and Bossjob Join Forces to Elevate Workplace Safety, Health, and Environment Hiring in Singapore and Malaysia]( WSHAsia and Bossjob have formed a groundbreaking collaboration to champion Workplace Safety, and Health (WSH) hiring in Singapore and Malaysia. ---------------------------------------------------------------  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]( Competition for the 30 coveted spots at the Startup Showcase is getting fierce, with applications from Japan, India, the US, and beyond. Don't miss out on your chance to showcase your startup alongside the rising stars of the industry. The first 10 qualified applicants will get 10% off our showcase packages. Hurry, applications close April 22. [Sign up now]( and make sure your startup doesn't get left behind! - [Tech in Asia Conference Kuala Lumpur 2024 : Malaysia on The Rise on July 24-25]( Join us this July for a time of insightful panels, skill-building workshops, and exclusive interviews with top brands. First release tickets are available until April 22nd. Participating companies include AWS, Antler, Google Cloud, Odoo, Sunrate, and more. [Purchase a General Pass for just US$45]( (U.P. US$80) today! - [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. [Secure your spot now.](  - [Tech in Asia’s Founders Meetup in Singapore on April 24]( We have a lot in store for you this April at Founders Meetup. Uncover Glasswall’s impact on fundraising and seize exclusive face time with renowned VCs from Antler, MSW Ventures, and Square Peg to discuss funding prospects during our all-new VC office hour. [Only a handful of tickets left, so hurry!](  - [Tech in Asia’s Founders Meetup in Vietnam on May 30]( Founders Meetup is returning to Vietnam as part of the official closing party of Saigon Summit! Unwind and connect with founders, startup leaders, and investors from across the region at this premier networking mixer. Hurry, [get your early bird ticket before promo ends on April 19!]( ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Senior Backend/Golang Developer]( at Tigerhall Surabaya, Indonesia - [Datacenter Operation]( at Pasifik Satelit Nusantara Jakarta, Indonesia - [Junior Customer Support (B2B Software)]( at SENRI Limited Jakarta, Indonesia - [Mobile Development]( at PT LOG KAR INDONESIA Jakarta, Indonesia - [HR Manager]( at Scout.inc Jakarta, Indonesia - [Backend Developer]( at Pasifik Satelit Nusantara Cikarang, 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. Sponsorship has no influence on editorial content. Too many emails? 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