More: Iâvre closing the lid on its business and Line Man Wongnai eyes an IPO in 2025. [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 Asiaâs tech and startup community by [registering here](.
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--------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - Asian sports stars [joining the world of VCs and startups](
- Fragrance subscription firm Iâvre shutting down
- Other newsy highlights such as Mothersworkâs new offline store in Vietnam and Line Man Wongnaiâs potential IPO in 2025 --------------------------------------------------------------- Hello {NAME} Iâve read somewhere that when really successful people start getting into things that arenât within their domain of expertise, itâs akin to having finished the âmain quest,â spending their time relaxing and completing âside questsâ instead. Think of how someone like Bill Gates decided to just spend the rest of his life on philanthropic endeavors, or famous actors and actresses opening their own cafes. For some Asian sports stars, their side quest comes in the form of working in the VC space, setting up their own investment firms and backing startups. Todayâs story takes a closer look at these efforts and what drives these sporting icons to throw their hat in the ring. -- Jonathan
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THE BIG STORY [Why the VC arena is the new playground for Asian sports stars](
Japan's Keisuke Honda is raising US$100 million for his debut fund, while Singapore's Joseph Schooling recently became a VC firm's founding partner. --------------------------------------------------------------- TRENDING NEWS
[Motherswork opens new offline store in Vietnam](
This marks the Singaporean mom and babycare retailerâs 11th physical location, following its two branches in Singapore and eight in China.
[Line Man Wongnai eyes IPO in 2025](
The Thai food delivery firm may list in Thailand, the US, or both, its CEO and co-founder Yod Chinsupakul told TechCrunch. ---------------------------------------------------------------
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VISUAL STORY OF THE DAY [Org Chart: The execs stewarding Akulakuâs growth](
In April, the fintech firm appointed a new CEO for Bank Neo Commerce, its digital bank, whose share price has fallen around 90% since its 2021 peak. --------------------------------------------------------------- KICK OFF YOUR SAIGON SUMMIT EXPERIENCE Make the most out of your Saigon Summit Pro Pass Forget awkward icebreakers - May 29âs Kickoff Mixer is your fast track to building meaningful connections. Mingle with fellow tech enthusiasts, industry veterans, speakers, and partners, all while enjoying panoramic city views and delicious treats at The Sentry P. This event is complimentary for Saigon Summit Pro Pass holders. Please [confirm your slot on our guest list via this link](. Donât have a Pro Pass yet? [Quickly get yours here]( before theyâre sold out! ---------------------------------------------------------------
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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.
- Wefaa Robotics -Â [Wefaa Robotics receives seed funding to transform STEAM education with its transformer robots](
Singapore-headquartered EduTech startup Wefaa Robotics has recently raised seed funding to expand its market and deepen its product innovation.
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- Mobileheros -Â [Explore Taiwanâs Mobileheroes Tech Competition to access Taiwanâs ICT Supply Chain and Global Collaboration Opportunities](
Mobileheroes Tech Competition welcomes startups worldwide to join with focus on 5G, IoT, and AI. ---------------------------------------------------------------
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EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asiaâs signature events [here](.
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[Saigon Summit 2024 : Charting Vietnamâs Tech Future on May 30](
Think you know Vietnam's tech scene? Think again! The Saigon Summit is your chance to go beyond the stereotypes and discover the cutting-edge innovations shaping the future. Whether itâs Sendo's ecommerce empire, MoMo's fintech revolution, Razer's gaming dominance, or the rise of AI, get ready to have your mind blown. [Get your tickets before prices increase on Monday!](
[Tech in Asia Conference Kuala Lumpur 2024 : Malaysia on The Rise on July 24-25](
We'll be joined by some amazing speakers, including Khailee Ng, managing partner of 500 Global, who will deliver a keynote speech on opportunities in Malaysiaâs tech ecosystem; Kah Meng Wong, co-founder of Funding Societies, who will share his insights on the Islamic fintech industry; and Dione Song, CEO of Love, Bonito, who will talk about business expansion beyond Asia. Don't miss out - [purchase your tickets]( today!
[Product Development Conference (Jakarta, 25-26 June 2024)](
Ready to refresh your product development skills? Learn from industry leaders like Zoho, DANA Indonesia, and more to level up your product game! Discounted tickets vanishing faster than a viral tweet! Score 35% off before prices rise May 22nd. [Secure your tickets]( now to sharpen your product skills!
[Tech in Asiaâs Founders Meetup in Vietnam on May 30](
Ever wondered what really goes on behind the scenes of a tech publication that led to its acquisition? Get answers to your burning questions straight from *Tech in Asia* founder Willis Wee, editor-in-chief Terence Lee, engagement editor Peter Cowan, and technology journalist Thu Huong Le at our exclusive TIA Office Hour [Secure your spot today]( and enjoy a 10% discount with the code VNTIASPECIAL10 - limited redemptions available!
[Sip, Savor, Socialize: Elevate Your Payments Strategy for Growth | Jakarta, 16 May](
How can payment strategies elevate your business growth? Gain fresh insights into payment trends in Indonesia, effective payment strategies, and technology advancements, such as single API. Also, enjoy networking opportunities with decision-makers from various industries over delectable canapés. [Apply for an invite today.]( Due to limited space, we will curate and send invitations to selected participants via email.
[Saigon Summit Exclusive: Kickoff Mixer on May 29](
Forget awkward icebreakers - May 29âs Kickoff Mixer is your fast track to building meaningful connections. Mingle with fellow tech enthusiasts, industry veterans, speakers, and partners, all while enjoying panoramic city views and delicious treats at The Sentry P. This event is complimentary for Saigon Summit Pro Pass holders. Please [confirm your slot on our guest list via this link](.
[Saigon Summit Exclusive: AWS GenAI Showcase on May 30](
The future of AI is generative â get a front-row seat to the latest advancements. This Saigon Summit exclusive features top startups unveiling cutting-edge genAI solutions that can revolutionize your business and give valuable insights for your own AI journey. Connect with leading founders, investors, and enterprise innovators, and learn from experts who have successfully implemented genAI solutions. Seats are limited, so [RSVP today!]( ---------------------------------------------------------------
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