Crazy, sweet, startup

More: Shein gets the go-ahead for a new supply chain headquarters and Airwallex crosses US$100 billion in annual processing volume. [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: - The [ingredients that make up Chocolate Finance]( - Grab’s financial health in 8 charts following its latest quarterly results - Other newsy highlights such as Shein’s new supply chain headquarters and Airwallex surpassing US$100 billion in annual processing volume --------------------------------------------------------------- Hello {NAME} I used to have a sweet tooth. I still do sometimes, but I used to, too. Candy, ice cream, chewing gum, and of course, the king of sweet treats itself - chocolate. Mmm… [delicious]( Over the years though, my sugary cravings have waned, and even when I do it’s not as intense. I take my bubble tea with 25% sugar or less now; my significant other says it tastes terrible, but I love it. I snack less on chocolates and sweets, and I’m usually happy if my bottled or canned drinks have reduced sugar content. The only thing that’s somewhat unchanged is my love for ice cream. The day I stop loving ice cream or can’t eat it anymore is the day when I’ll probably lose all will to live. Let’s hope my love for sweet stuff doesn’t die down with Chocolate Finance. The fintech firm’s founder named it after the treat because “everybody loves chocolate.” Today’s story dives into the company and how it’s offering users a return on their spare cash that beats bank deposits. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Singlife founder’s buzzy new firm wants your spare cash]( Is it a bank? No, but its cash management product offers returns at 4.2% per annum, one of the highest in Singapore. --------------------------------------------------------------- TRENDING NEWS [Airwallex processing volume surges past US$100 billion]( The Tencent-backed fintech platform has surpassed US$100 billion in annual processing volume, a 73% year-on-year improvement. Its annual run rate revenue is also about to cross the US$500 million mark. [Shein sets up supply chain HQ in Guangzhou]( The ecommerce giant has received a permit from the Guangzhou City Planning and Natural Resources Bureau to proceed with its supply chain headquarters. The project will allow Shein to integrate its warehousing, stockpiling, picking, distribution, delivery, and settlement capabilities. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Grab’s financial health in 8 charts]( These charts offer a snapshot of how Grab is performing. ---------------------------------------------------------------  FOUNDERS, ARE YOU READY TO BREAK THE ALGORITHM? Time to demystify today’s AI landscape Let's be honest - hearing about AI is easy. Actually using it to scale your startup? That’s a different story. Join Google Cloud’s Gabriel Tham along with founders from Crown Digital, Curium, and Pave Bank as they spill the tea on what works, what doesn’t, and how to get ahead in the AI game. This isn’t your typical tech talk - expect unfiltered insights, actionable strategies, and a clear vision for leveraging AI in your own startup. Don't wait - this exclusive event will reach capacity soon. [Apply for your invite today.]( ---------------------------------------------------------------  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. - Appsflyer - [MAMA Hanoi: AppsFlyer Dominates Vietnam’s MarTech Arena with the Biggest Event Yet]( AppsFlyer, the global leader in mobile attribution and marketing analytics, hosted its brand-owned event, MAMA Hanoi, on August 2, 2024. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asia’s signature events [here](.  [Tech in Asia Conference Jakarta on October 23 - 24]( Want to know what's next for Southeast Asia’s startup scene? Join us at TIA Conference Jakarta to hear from top VCs like Jefrey Joe of Alpha JWC Ventures, the founder-turned-investor Achmad Zaky and Agung Bezharie. They'll share insights on which market is still the hotbed for investment, the challenges and opportunities of transitioning from founder to investor, and many more. Join thousands of founders and investors at TIA Conference Jakarta. Tickets are now on sale for 50% off until August 11th. [Get tickets.]( [Investor Hour at Tech in Asia Conference Jakarta]( Ready to make your startup dream a reality? Investor Hour is your golden ticket. This exclusive one-on-one networking session brings together brilliant founders and seasoned investors in an intimate setting. Whether you're seeking funding or looking to sharpen your pitch, Investor Hour is your platform to build lasting relationships. Don't miss this chance to connect with the industry's top minds. Secure your spot at TIA Conference Jakarta now! [Get tickets.]( [Gemini Day for Startups: Singapore on August 22]( You want genAI solutions that actually deliver, right? Cut through the noise with Google Cloud’s experts and learn concrete steps to turn insights into real value for your business. Expect practical advice, clear next steps, and zero jargon – just real-world AI that gets results. [Apply now - seats are strictly limited.]( [Tech in Asia’s Founders Meetup: Thailand on September 11]( Think of this as your one-stop platform to gain exclusive insights from leading VCs on identifying the hottest verticals where smart money is going (and where you should too!) and engineering tomorrow’s thriving ecosystem. From now till August 26, save 20% on early-bird tickets. [Get yours today!]( [DevOps Decoded: Industry Insights & Networking on September 12]( It’s no secret that DevOps is evolving at a breakneck pace, but do you have what it takes to adapt and thrive? Uncover the hottest trends and tech advancements in DevOps as we dissect success stories and arm you with the knowledge to future-proof your DevOps strategy. Seats are strictly limited - [apply now.]( [SYNC 2024 on October 08]( SYNC 2024 is taking on a new dimension. This year, we're diving deep into the world of artificial intelligence - the force that's reshaping industries, driving innovation, and redefining the future of business. AI is already here, but it's only just beginning to reveal its true potential. [Find out more about SYNC 2024 today.]( ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Sales Representative (PT. SiBalec)]( at KitaLulus Jakarta, Indonesia - [Project Manager Intern]( at Qiscus Yogyakarta, Indonesia - [Mobile Developer]( at PT LOG KAR INDONESIA Jakarta, Indonesia - [CEO & Startup Founder]( at Antler Ho Chi Minh City, Vietnam - [CRM Intern]( at Ematic Solutions Ho Chi Minh City, Vietnam - [Healthcare Business Development]( at PT Kalayudha Group Indonesia Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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