Former Grab VN employees ‘disappointed’ with SPAC-related snag

More: Alibaba’s Singles Day sales slowdown and Shopee’s foray into the short-video space [Read from your browser]( Daily Newsletter Hello {NAME} I’m not one for employee stock ownership plans (ESOPs). I understand how they work and why they’re a thing, but they’re not something I’d go for personally. I’m at the point in my life where I’d rather have cold hard cash in my bank account instead of shares that *could* be worth something more in the years ahead. However, there are plenty of folks who go for ESOPs because the potential of cashing out and getting great returns can be pretty exciting. Current and former employees at Grab, for example, are looking forward to reaping the rewards for their faith in the super app as it gears up for its public listing. But its ex-staff in Vietnam have encountered an unexpected turn of events. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Grab Vietnam ex-staffers ‘disappointed’ over offer to give up shares]( As its US listing nears, Grab is moving to ensure that its ESOP meets Vietnam’s regulations. But some ex-Grabbers consider the payout too low and unfair.  ---------------------------------------------------------------  IN PARTNERSHIP WITH Finding the right business school to suit your career ambitions I like to think that one binding experience for anyone living in Asia is the overbearing pressure to do well in exams and go to the best schools. But with plenty of good schools to choose from, you have to know which one is the right match for you. It’s crucial to find a university where you can acquire important skills that will help you become a leader in your field of choice. One of the best ways for you to find the school with the best fit is by speaking to its representatives to evaluate what these institutions can offer. QS’ Global Virtual MBA Fair and Virtual Masters Fair can give you the opportunity to do just that. These events will allow you to network with some of the biggest names in the US, UK, Australia, and more. You’ll be able to meet with admissions directors and attend workshops and seminars from Imperial College, University of Exeter, Nanyang Technological University, and more. Sign up for these upcoming events at the following websites: - [Virtual MBA Fair](. - [Virtual Masters Fair](.  ---------------------------------------------------------------  TRENDING NEWS [Shopee rolls out TikTok-like feature for select users]( For some users, Shopee Video is featured prominently in the center of the Shopee app’s bottom bar, flanked by the app’s feed and notification buttons. [Alibaba Singles’ Day sales growth slows amid China crackdown]( In comparison, rival JD.com reported a 28% growth in Singles’ Day sales to record a GMV of about US$54.6 billion. [Temasek, East Ventures back $8.8m round of F&B startup]( SaladStop Group currently operates in Singapore, Hong Kong, Indonesia, Vietnam, Japan, South Korea, Spain, and the Philippines. [Vietnam proptech firm takes home $30m in YC-backed round]( Homebase plans to use the fresh funds to make new hires and launch partnerships with real estate developers and agents. [Sea Capital co-leads $725m round of blockchain gaming unicorn]( Forte helps game publishers integrate blockchain-based features into their games, such as embedded token wallets and NFT transactions. [Bukalapak rolls out bookkeeping app]( BukuMitra allows businesses such as mom-and-pop-kiosks, phone credit stores, and laundry services to have digital bookkeeping and debt recording systems. --------------------------------------------------------------- EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Scaling your startup across Southeast Asia]( on November 16 - *Live* [[Workshop] An equity framework for early-stage startups]( on November 23 As a founder of an early-stage startup, setting the value of the equity you will be distributing to your investors and employees is one of the most important decisions. Tune in to our 30-minute workshop on November 23 with Andy Lee, CEO of stakeholder management software-as-a-service company Sprout, to learn all the essentials about building your own equity framework. This workshop is available to attend for free! - [“How startups can build customer growth & retention machines” roundtable]( on November 24 Over 70% of startups don’t have formal CX strategies, which are integral to growth and customer retention. Sign up for this virtual roundtable to learn from startup leaders in Southeast Asia on how they’ve built scalable customer service and CX through omnichannel strategies. - [Solve government and public sector challenges with AWS Startup Ramp]( on November 30 Breaking into the public sector is not an easy feat for early stage startups. Join our webinar on Nov 30 to learn about AWS Startup Ramp, which provides technical support & mentorship that help startups navigate the complex requirements. Register for your seat today! --------------------------------------------------------------- WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Senior Java Developer]( at Huang He Consultancy Singapore, Singapore - [Senior Frontend Developer (React JS)]( at DataOn Corp Tangerang, Indonesia - [Marketing Manager]( at HZN Tangerang, Indonesia - [Assistant Manager Finance Accounting Tax]( at Komodo Jakarta, Indonesia - [Senior DevOps Engineer (AWS)]( at UPBOND Jakarta, Indonesia - [Data Engineer]( at Tech in Asia Singapore, Singapore [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](. 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