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How tech firms are navigating rising US-China tensions

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Thu, Jul 27, 2023 11:32 PM

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More: GoPay is getting a standalone app, and Sea Group injects fresh funds into MariBank. Daily News

More: GoPay is getting a standalone app, and Sea Group injects fresh funds into MariBank. [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 spotlight: - [The tech firms caught in the US-China trade war]( - GoPay getting a standalone app in Indonesia - Other newsy highlights such as Sea Group’s latest investment in its digital banking subsidiary --------------------------------------------------------------- Hello {NAME} In the 2018 movie Avengers: Infinity War (has it really been that long since it came out?), the villain Thanos has an iconic line: “Dread it. Run from it. Destiny arrives all the same.” Right now, destiny for tech companies and investors around the globe could potentially be the rising tensions between the US and China. No matter how hard they try to avoid it, the impact of this geopolitical situation cannot be denied. It’s going to influence how these firms operate on the road ahead. Earlier this week, my colleague Peter [wrote about]( how investors have been affected by the US-China trade war. Today, we’re exploring the companies that have been caught in the crosshairs and how they’re dealing with the heat. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Mapping the tech firms ensnared in rising US-China tensions]( From AI and semiconductor firms to ecommerce platforms and electronics manufacturers, these are the pawns in the US-China trade war. --------------------------------------------------------------- TRENDING NEWS [Sea Group injects $172.5m in its Singapore digibank]( MariBank launched in Singapore last March on an invite-only basis. [GoPay finally goes ‘standalone’ in Indonesia]( Previously, GoPay was embedded in the Gojek and Tokopedia apps. [Foodpanda, TabSquare bring AI solutions to dine-in restaurants]( Through the tie-up, Foodpanda partners can offer digital menus via QR codes and allow customers to order food and pay through TabSquare’s platform. [US investor Goodwater raises $1b for global consumer tech bets]( According to Tech in Asia data, Goodwater Capital has made 23 investments in Southeast Asia so far. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Surviving the funding game: how timing can make or break your startup]( Industry realities, economic conditions, and market volatility can affect the time gap between funding rounds. --------------------------------------------------------------- TECH IN ASIA CONFERENCE 2023 Anytime you want to learn something, you always go to the experts, the best of the best. If you’re looking to pick up new insight in the tech industry, look no further. In this year’s Tech in Asia Conference, we’ve got some big names making an appearance, including Bukalapak president Teddy Oetomo, BCG X managing director and partner Hanno Stegmann, and Asia Partners co-founder and managing partner Nick Nash. Better yet, we’re offering first-release tickets at 50% off now! Click [here]( to get them. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [AD] [AWS Innovate Online Conference: Data edition]( on August 30 Learning never stops. And in today’s world, neither does data. As such, businesses need to have strong capabilities in things like big data, analytics, and information storage, as well as new tech such as generative AI, to stay at the forefront of tech innovation. The AWS Innovate Online Conference can help with this, as the event has more than 50 sessions dedicated to data, innovation, and generative AI. Click [here]( to sign up. - [SYNC 2023: Climate Tech on August 21]( Do you want to make a positive impact on the fight against climate change? Join SYNC 2023 on August 21 at Singapore's green haven, Gardens by the Bay, to learn more about sustainable innovation and eco-friendly practices. Besides spotlighting climate tech via this invite-only event, Tech in Asia is committed to reducing our carbon footprint. Be part of this movement towards a sustainable future - send in your application for a SYNC 2023 ticket today! - [Tech in Asia Conference]( from October 18 to October 19 Do you see the light at the end of this funding winter’s tunnel? We do, and we believe Southeast Asia is that very light. That’s why this year’s Tech in Asia conference’s theme is Southeast Asia: A Bright Spot in the Tech World - signaling how the region can provide hope and guidance for the tech sector amid some troubling times. Hosted in Jakarta from October 18 to October 19, we’re excited to bring you a great lineup of speakers, thought-provoking sessions, and other activities. Click [here]( to get your limited first-release tickets.  - [Tech in Asia’s Founders Meetup: India on August 25]( Do you want a closer look at India’s tech scene? Discover the hidden gems of India’s startup ecosystem at our networking event on August 25 at Byg Brewski (9, 36, 4th Floor, Vaishnavi Sapphire Centre, Tumkur Rd, Yeshwanthpur Industrial Area, Phase 1, Yeswanthpur, Bengaluru, Karnataka 560022) from 5:30 p.m. to 7:30 p.m. Whether you’re facing roadblocks in funding or talent acquisition, connect with fellow founders and find solutions to your most pressing issues while offering your own expertise. Don’t miss out - [sign up now]( ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Client Succes Executive (Mandarin Speaking preferred)]( at Propseller Singapore, Singapore - [Business Analyst]( at Impact. Jakarta, Indonesia - [Business Development Officer]( at Worlder Team Pte Ltd Singapore, Singapore - [Human Resources Manager]( at Pilar Teknologi Jakarta, Indonesia - [Sr. IT Data Base Engineer]( at MC Payment Indonesia Jakarta, Indonesia - [Network Monitoring Engineer]( at Bangunindo Teknusa Jaya 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. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. 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 © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894

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