Laying out Grab’s financial health

More: A metaverse fashion marketplace gets a US$150 million boost, and Play Ventures launches a new fund for blockchain games. [Read from your browser]( Daily Newsletter Hello {NAME} When I was a broke university student, Grab’s services were basically luxuries to me. At the time, I avoided paying evenS$12 for a ride or else I wouldn’t be able to buy food the next day. Things are different now, though, and I’ve found myself using services like GrabFood more often as I get lazier and lazier (sitting at home can be too comfortable at times). But while I slip into this state of lethargy, Grab will soon have even more work cut out for it. With its move into the public sphere, the Southeast Asian tech giant will have to keep up a strong performance to take its success to the next level. Whether its track record is indicative of how it’ll achieve this, today’s story will let you be the judge of that. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Grab’s financial health in 8 charts]( Here’s a glance at how the regional super app has been doing financially.  ---------------------------------------------------------------  IN PARTNERSHIP WITH The state of talent and HR at Asia’s tech companies How has the definition of workplace culture evolved in the past year? Are Southeast Asian startup employees adequately compensated for their work? What kind of benefits are the region’s startups offering their workers? In partnership with HReasily, we hope to answer those questions via the HR in Tech Report 2021, which aims to improve the talent pool and HR decisions by providing an insightful look at the state of talent and HR trends. The survey takes just five minutes to complete, and everyone who participates will get a copy of the report at no cost. [Give us your insight now](. ---------------------------------------------------------------  TRENDING NEWS [SoftBank pumps $150m in South Korean fashion metaverse firm]( Fashion brands like Gucci, Dior, and Ralph Lauren have unveiled their own virtual clothing collections on Zepeto, reported The Wall Street Journal. [AC Ventures, East Ventures join $8.5m round of Malaysian F&B startup]( Food Market Hub’s active users have doubled to 5,000 since early 2020, while its annualized total order value grew more than 4x in the past 12 months. [10 articles to understand Grab’s IPO]( Everything you need to know about Grab, and a commemorative NFT release. [Social commerce firm hauls in $1.5m from Animoca Brands, others]( Taiwan-based LinkBy has helped 1,000 fitness coaches get commissions by recommending products from brands such as Adidas, Reebok, and Decathlon. [Grab’s pit stops along the road to its IPO]( Ever since Grab announced its listing, it’s made several moves and revealed key financial metrics. Here’s a quick snapshot. [Monk’s Hill leads $7m round of learning app for professionals]( Tigerhall’s revenue has grown 10x in the past 12 months, and it now counts prominent companies such as HP, New Relic, and BNY Mellon as enterprise clients. --------------------------------------------------------------- EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - *Live* [Open House with Tech in Asia School’s Team]( on December 3 The [Aspiring Founder program]( kicks off February 2022, and will be led by some of the region’s most successful tech founders, giving students hands-on mentorship and guidance on launching a successful startup in Southeast Asia. - *Live* [AMA about Tech in Asia School: Rameez Ansar, CEO of Circles.Life]( on December 9 You may already know of Rameez Ansar for his success as CEO of Circles.Life - the no-contract carrier that disrupted Singapore’s telco industry back in 2014. Come February 2022, students of [Tech in Asia School]( will get to know Rameez personally, as he mentors our inaugural 8-week Aspiring Founders program. - [Driving Viral Growth]( on December 15 Join Andrew Chen as he discusses his new book: “The Cold Start Problem: How to Start and Scale Network Effects“. 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