Speedhome CEO's time in the moonlight

More: Carro posts its highest-ever EBITDA and Lazada unveils its new AI chatbot [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 look at: - [Speedhome’s CEO having to work a second job]( - Tan Hooi Ling stepping down from her operations roles in Grab - Other newsy highlights such as Carro’s record-breaking EBITDA and Lazada’s new AI chatbot --------------------------------------------------------------- Hello {NAME} There was a recent hoo-ha a couple of months ago when Tin Pei Ling, a member of Singapore’s parliament, [took on a second role at Grab](. One of the biggest concerns was the potential conflict of interest, but there was another reason for the negative sentiment toward the move. Tin serves in a country [known for paying its politicians really well](. This led many people to question why she could take on a second job when many ordinary workers in the civil service and those conscripted into National Service are either [not allowed to do the same or face much difficulty in doing so](. In some cases, these regular Joes actually need the money to support their family and resort to moonlighting to supplement their income. In one instance, the pay for conscripts was so low that [a man went away without official leave to work]( as he needed to pay for his mother’s hospitalization at the time. Even moonlighting would not have been enough. While the judge acknowledged the man’s circumstances, there was one thing he said that irked me: “I am mindful of your family circumstances but you should be aware that your national service obligations must come first.” Cases of moonlighting are really not uncommon, especially considering the tough times many people faced during the height of the pandemic. In today’s premium story, Emmanuel Samarathisa speaks to a startup CEO who had to moonlight to make ends meet. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Speedhome CEO on moonlighting and riding out Covid-19]( “It’s something I don’t want to go through again,” says Wong Whei Meng. --------------------------------------------------------------- TRENDING NEWS [Tan Hooi Ling to relinquish operations roles at Grab]( The co-founder will also give up her seat on the company’s board. [Carro says it broke EBITDA record in FY 2023]( The used-car marketplace is currently running with “almost no operational burn,” said CFO Ernest Chew. [Lazada launches ChatGPT-powered chatbot]( The ecommerce major said LazzieChat can answer users’ shopping queries in a natural manner and suggest relevant products or topics. [Indian fintech firm bags $10.2m in Square Peg-led round]( XFlow provides cross-border payments infrastructure that enables businesses to send and receive money globally. ---------------------------------------------------------------  LISTICLE OF THE DAY [China’s top-funded tech companies in the last decade]( Which Chinese tech firm will become the next big thing? Our funding tracker might give you a hint. ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. 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