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The internal conflicts behind a Vietnamese search engine

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Mon, Aug 30, 2021 06:07 AM

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More: Kredivo expands into Vietnam, and China’s Supreme Court deems the “996” work cu

More: Kredivo expands into Vietnam, and China’s Supreme Court deems the “996” work culture unlawful [Read from your browser]( Daily Newsletter Hello {NAME} , David-versus-Goliath stories are everywhere in the startup world. We had Airbnb going up against the hotel industry as well as Uber taking on the taxi market. In such stories, I would always support the Davids because they tend to be more innovative and have cooler tech. And it just feels good when an underdog takes down a giant. In today’s story, a David in Vietnam has been going up against Google and Bing for close to a decade now. But internal conflicts might be slowing down its growth. -- Betty  --------------------------------------------------------------- THE BIG STORY [Coc Coc is aiming to be Vietnam’s Bing. Its ex-CEO wants to stop it]( Since 2013, Vietnamese search engine Coc Coc has been battling Google’s dominance in the country. But internal conflicts might have slowed its growth.  ---------------------------------------------------------------  TRENDING NEWS [China’s Supreme Court deems taxing ‘996’ work culture unlawful]( Public backlash against the practice intensified when a Pinduoduo worker died earlier this year after working long hours, a Bloomberg report noted. [Indonesia-based BNPL provider Kredivo expands into Vietnam ahead of US listing]( Kredivo’s joint venture with Phoenix Holdings will initially roll out bill payment and personal loan features in Vietnam. [Indonesian logistics major J&T Express mulls shifting IPO from US to Hong Kong]( J&T Express’ plan comes as firms looking to list overseas face intensifying scrutiny from regulators in Beijing, reported Bloomberg. [Alipay pours $15m into Chope as part of partnership to build mini apps]( The Singapore F&B startup aims to become a unicorn within two to three years. [China to ban local firms with large consumer data from listing in the US]( According to a WSJ report, China may set up a cross-ministry committee soon, requiring firms to obtain formal approval to launch an IPO overseas. [Fintech unicorn Airwallex eyes $3.5b valuation in new funding round]( The Australia-born cross-border payment firm is raising fresh funds just months after a US$100 million series D extension round, reported Bloomberg. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Creative Designer]( at SIRCLO Tangerang, Indonesia - [Conversation Designer & Copy-Writer]( at AiChat Jakarta, Indonesia - [CRM (Email Marketing Campaign Specialist)]( at KoinWorks Jakarta, Indonesia - [Consultant Leader]( at Glints Batam Island, Indonesia - [Backend Developer]( at PT. Internet Madju Abad Milenindo Indonesia Bulk Terminal, Indonesia - [Art Director]( at Rukita 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. 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 © 2021 Tech in Asia, All rights reserved. 51 Bras Basah Rd, #05-5061, Singapore 189554

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