This startup is helping auto workshops rev up for the future

More: VinFast’s share price drops and Binance plans to sell its business in Russia. [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: - [How this startup is helping auto workshops go digital]( - A cultivated pork startup that will debut in Singapore - Other newsy highlights such as the big drop in VinFast’s share price and Binance’s plans to sell its Russian operations --------------------------------------------------------------- Hello {NAME} Digitalizing MSMEs is a hot sector here in Asia. Just think about it: How many startups or companies can you name that are in the business of helping these small enterprises go digital? I can name five off the top of my head, and I’m pretty sure you can too. It’s so prevalent, that we made a [silly video on TikTok](. If you look closely at these startups, a lot of them are focused on digitalizing pretty straightforward retail businesses like mom-and-pop shops. However, many other companies - like beauty salons and hairdressers - could benefit from having access to digital tools and services. Automotive workshops would definitely gain much too. In today’s premium story, we take a look at a startup that is digitalizing these businesses. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [This Indonesian startup speeds up auto repair shops’ digital transition]( Through its online procurement and invoice-based financing solutions, Bengkel Mania looks to help automotive workshops in Indonesia go digital. --------------------------------------------------------------- TRENDING NEWS [Indonesia sets one-week deadline for TikTok Shop to become standalone app]( Failure to comply could lead to TikTok Shop’s closure in Indonesia, its largest Southeast Asian market. [VinFast stock falls 85% from August high]( This values the Vietnamese EV brand at US$30 billion, a substantial change from the roughly US$200 billion it commanded in late August. [Binance to sell Russia business to CommEX]( Binance said it will have no “ongoing revenue split from the sale,” nor a share buyback option. [Dutch foodtech firm to debut cultivated pork in Singapore next year]( Meatable said that it takes just eight days to convert an animal cell into a sausage – 30x faster than it takes to rear a pig on a farm. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [The players pushing the Philippines into the SEA fintech spotlight]( GCash and Maya are the dominant players in the country’s payments sector, having secured the highest capital among fintech firms. --------------------------------------------------------------- TECH IN ASIA CONFERENCE 2023 In this episode of our mukbang series, where some of our esteemed speakers are served with “spicy” questions, we are joined by Cassi Yang, the regional general manager of Hepmil Creators’ Network. Take a sneak peek at what Cassi will be discussing at the Tech in Asia Conference [here](. If this session piques your interest and leaves you hungry for knowledge, join us on October 18 to 19 in Jakarta. 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Our team will get back to you by the next business day. - MediaX Agency - [Earn Alliance Launches the Biggest Web3 Game Mint Marathon: Over 40,000 Free NFTs Featuring 16 Games from Binance, Polygon, and Immutable]( Earn Alliance, the largest web3 game aggregator and discoverability platform, is excited to announce the first-of-its-kind Mint Marathon event. - NEAR Foundation for Cosmose AI - [Cosmose AI, valued at $500 million, unveils KAIKAINOW: A new innovation in personalised smartphone lock screen technology]( User engagement with lock screen content is rewarded with KAI-CHING (KAIC), Cosmose AI’s token, which is integrated with KAIKAINOW built on NEAR. - Huawei - [Huawei and CAICT jointly launch Xinghe Network White Paper, propelling rapid development of AI industry]( Huawei Xinghe Network White Paper delves into the development trends, network architecture, and key technological innovations of AI services. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Business Development Manager]( at StyleDoubler Jakarta, Indonesia - [Business Development Manager]( at Workmate Jakarta, Indonesia - [Supply Chain Associate/Senior Associate]( at Deliveree Indonesia Jakarta, Indonesia - [Compliance IT Infrastructure]( at PT. 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