Hangry on road to quell hunger demons

More: Tony Fernandes steps down as AirAsia X group CEO and Indonesia Stock Exchange to establish carbon-exchange systems. [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](. --------------------------------------------------------------- Hello {NAME} How many times have you thrown a fit or reacted irritably to stuff that you would normally let slide because you’re hungry? It’s likely more than we all would like to admit. In 2018, the Oxford English dictionary officially coined the word for the build-up in frustration in these situations: [hangry](. Frankly, there are not enough fingers on my hands for the number of times I’ve been "hangry." In today’s featured piece, we spotlight an Indonesia-based startup that is looking to quell your hunger demons and is ironically called Hangry. The cloud kitchen operator just produced an impressive 2021 financial statement, which includes an over 3x rise in revenue. Read on to dig into the numbers! -- Shravanth P.S.: If you’re an entrepreneur looking for funding, [fill out this form]( to get your company featured on our list of fundraising startups.  ---------------------------------------------------------------  THE BIG STORY [Hangry’s revenue triples in 2021, operating margin improves]( The Indonesia-based culinary startup’s revenue rose to US$12.2 million in its second full year of operations. ---------------------------------------------------------------  TECH IN ASIA ORIGINALS Tech in Asia Originals is where we produce video content that aims to breathe life into the people, companies, and markets in Asia's startup ecosystem. Explore all of our original videos [here](. [Learn how to negotiate term sheets with a VC in 10 minutes]( Melissa C. Guzy, co-founder and managing partner of Arbor Ventures, decodes the complicated legal structure of a term sheet, the common pitfalls founders must avoid, and how they can negotiate for cleaner and simpler terms to get entrepreneurs and their investors on the same page.  --------------------------------------------------------------- TRENDING NEWS [Shein to set up physical shop in Japan]( This will be the firm’s first permanent storefront and will use QR codes for online checkouts, Reuters reported. [SG private investment platform Fundnel acquires Hg Exchange, rebrands to Alta]( Hg Exchange will also rebrand as Alta Exchange, with its current CEO Willie Chang continuing to lead the firm. [Lazada Group publishes first ESG report]( The ecommerce giant has created 1.1 million economic opportunities across its six Southeast Asian markets. [IDX taps Singapore fintech firm to develop carbon exchange system]( Indonesia is among 61 countries that have committed to cut their greenhouse gas emissions by 43% by 2030. [Entrepreneur First to halt programs in SG]( The move is part of a shift to focus on a smaller number of hubs, where local talent pools allow Entrepreneur First to run multiple programs concurrently. [Google Play pauses billing policy in India after antitrust ruling]( India has slapped Google with fines totaling nearly US$300 million over the past few weeks. ---------------------------------------------------------------  TECH IN ASIA PODCAST  Vibe Check: Mental health professionals’ advice for startup life No matter how urgent every task seems to be in the tech and startup world, it’s important to take the time to look after your mental well-being. Everything else can come later - after all, how are you supposed to get anything done when you’re running on empty? In episode five of Tech in Asia*’s latest podcast miniseries *Vibe Check: Mental Health in the Startup World, psychiatrist Dr. Ken Ung and clinical psychologist Dr. Oliver Suendermann provide insights on how people deal with their mental health struggles as well as offer tips for taking better care of one’s own mental well-being. Give the episode a listen [here](. ---------------------------------------------------------------  EVENTS HAPPENING   You can also check out a curated list of trending tech events [over here](. - *Event* [How marketing, product, and data teams drive world-class customer experiences]( on November 2 A report from Forrester Research indicates that strong customer engagement can increase a company's return on investment by 840%, achieve acccelerated growth via cost savings, and reduce customer churn rate by at least 50%. But what can companies do to drive this level of customer engagement? [Join us]( in an upcoming workshop on November 2 to uncover key insights on how forward-looking brands build strong customer experiences and engagement by aligning their marketing, product, and data teams. It’s also an opportunity to meet and network with representatives from Endowus, Starhub, PropertyGuru, McDonald’s Asia-Pacific, and more. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Business Development Representative]( at Tech in Asia Kuala Lumpur, Malaysia - [Head of Product Development (IT Industries)]( at PT. Informasi Teknologi Indonesia Jakarta, Indonesia - [Senior Technical Program Manager (Hybrid working Malaysia or Hong Kong)]( at SEEK Kuala Lumpur, Malaysia - [Full Stack Engineer]( at Jubelio Jakarta, Indonesia - [Performance Marketing Consultant]( at Ematic Solutions Kuala Lumpur, Malaysia - [Senior Reporting Staff]( at Mekari 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 © 2022 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894