A laundry list of issues at Moovaz

More: East Ventures’ partnership with a South Korean VC firm and Alami Group’s latest fundraise. [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: - [What happened at Moovaz]( - What’s next for live sellers after TikTok Shop’s exit from Indonesia - Other newsy highlights such as East Ventures’ partnership with a South Korean VC firm and Alami Group’s latest fundraise. --------------------------------------------------------------- Hello {NAME} Imagine if your boss accused you of sleeping around and then sent you a string of 56 messages that included threats of putting you under police investigation, accusations that you had committed criminal offenses, and unsolicited remarks about your religion. Personally, it sounds like an awful experience I wouldn’t wish on anyone. But it's something that actually happened to Wanda Tan (not her real name) when she worked for Moovaz, a Singapore-based relocation service company. A Tech in Asia investigation has revealed even more issues going on at the firm. We go deeper in today’s premium story. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Harassment, bankruptcy, debts, and lawsuits: Where does Moovaz go from here?]( Vishnu Vasudeven, the relocation firm’s founder, has been involved in multiple court cases and ordered to pay at least S$84,681 to staff and vendors. --------------------------------------------------------------- TRENDING NEWS [Sellers have found a workaround by adding links to Shopee or Tokopedia storefronts to their TikTok profile. But sales are already down.]( Jofie Yordan [The fund will target South Korean companies in sectors such as biotech and healthcare, future mobility, greentech, as well as media and content.]( Gabriel Budi Sutrisno [The parent of Indonesian digibank Hijra will use the funds to launch new offerings like Hijra Home Financing, a mortgage product.]( Jofie Yordan [The company delivered 10,027 units in Q3 2023, pushing revenue for the quarter to US$342.7 million, according to unaudited financial results.]( Miguel Cordon ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Capital SEA: Southeast Asia’s funding landscape]( Who are the new active investors on the block? Which funding rounds look like outliers? This visual story answers all this and more. --------------------------------------------------------------- AN EXCLUSIVE GATHERING OF APAC’S FINEST STRATEGY Get a ticket to this networking mixer on November 14 As Singapore establishes itself as a global financial hub, Tech in Asia and Airwallex are putting together an evening for senior strategy, growth, product, and payment leaders to unwind and connect. Join fellow decision-makers and industry peers on November 14 and soak up Singapore’s cityscapes from Honcho’s scenic rooftop bar. You’ll be in for a relaxed and casual mixer with fun drinks and light bites - all refreshments are on the house! Level up your payment game at this event while linking up with experts from Red Dot Payment and more (to be revealed soon!) to get inside scoops and helpful tips. [Get your ticket]( to this invite-only event and build lasting connections. Slots are limited so secure yours now! ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [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. - [AD] [Sip ‘n’ Discuss Sunset: Exclusive Event for Succesful Marketing Leaders]( on 23 November Join SpinX for a fun yet exclusive after-work Thursday sunset session full of marketing wisdom and poolside drinks, tailor-made for marketing leaders. Click [here]( - [AD] [StartmeupHK Festival]( on November 8 to 17 Any industry conference worth its salt would feature experts in their respective fields sharing the latest insights. This year’s StartmeupHK Festival features a wide range of speakers across different industries. Attendees can look forward to thought-provoking discussions from the likes of Eric Huang, managing director of Paradigm Venture Partners; Joyce Lee, general manager for Taiwan at Moderna; Marina Domracheva, founder and CEO of 3D Predict; Jirayut (Topp) Srupsrisopa, founder and group CEO of Bitkub Capital Group; and Alex Xu, CEO of MultiMetaVerse. Find out more about their sessions and get your ticket by visiting the festival’s [website](. - [Tech in Asia x Airwallex - Exclusive Mixer]( Mingle with APAC's Payment and Growth Leaders on November 14 Meet and connect with your peers at Exclusive Mixer: Mingle with APAC's Payment and Growth Leaders, an invite-only networking event on November 14 co-hosted by Tech in Asia and Airwallex. This isn’t your run-off-the-mill corporate event. It’s a gathering of forward-thinkers across Asia Pacific and anyone eager to discover best practices in optimizing and streamlining payment journeys at scale. Grab drinks and light bites while soaking up Singapore’s cityscapes from Honcho’s rooftop bar as you mingle. Come hang out and unwind at this relaxed and casual mixer - all refreshments are on the house! [Get your ticket]( to this closed-door event and build lasting connections. Slots are limited so secure yours NOW! - [Brushstrokes to Success]( Design a Solid Growth Plan for 2024 on November 16 Join senior business leaders and decision-makers at the upcoming “Brushstrokes to Success: Design a Solid Growth Plan for 2024.” Co-hosted by Tech in Asia and G-P, this exclusive event will be held at Bridge+ on November 16. This goes beyond the typical corporate gathering by providing a space where forward thinkers can challenge themselves and explore best practices for scaling businesses from creative and analytical perspectives. Gain and exchange insights with our panelists from Aspire, 2C2P, and G-P in an open Q&A session. Over light bites and drinks, we’ll also go through an exciting agenda that includes quizzes, modern calligraphy, networking and more. Don’t miss this opportunity to revolutionize your business approach and make meaningful connections. [Get your tickets for this closed-door event NOW]( before they’re all snatched up! ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - Aspire - [Aspire Makes Global Fintech Top 100 List, Alongside Six Other Singapore-HQ]( Startups]( Singapore is the third most represented country on the list, marking the city state’s clear advancement onto the world fintech stage ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Account Executive Intern (SAC Indonesia)]( at PT Merah Cipta Media Jakarta, Indonesia - [Newsroom Editor]( at Tech in Asia Indonesia Jakarta, Indonesia - [Junior Graphic Designer]( at Ematic Solutions Ho Chi Minh City, Vietnam - [DevOps Engineer Specialist]( at PT Bimasakti Multi Sinergi Sidoarjo, Indonesia - [Legal Officer]( at Scout.inc Tangerang, Indonesia - [Network Engineer]( at HiveCloud Tangerang, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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