Coin in the box for Coinhako

More: TikTok’s new troubles in Malaysia and the US$8.7 million series B round of an Indian fintech startup. [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: - [Coinhako’s comeback story]( - Indonesia putting its foot down on gambling content on Meta’s platforms - Other newsy highlights such as TikTok’s latest troubles in Malaysia and the US$8.7 million series B round of an Indian fintech firm --------------------------------------------------------------- Hello {NAME} When was the last time you failed? And how long did it take you to get back up? In this startup world, it sometimes feels like one’s career can be demarcated by failures. When “move fast and break things” is one of the longstanding mantras of the industry … well, things break. But what’s more important is that we recover and keep going. Life is filled with disappointments and heartbreak but we keep on trucking. We should pat ourselves on the back every now and then just for refusing to give up. Coinhako certainly didn’t give up despite a difficult 2022, which included a round of layoffs. In fact, the crypto firm is looking at operational profitability as a realistic goal for 2023. Read on to find out how it turned things around. -- Winston  ---------------------------------------------------------------  THE BIG STORY [After layoffs and losses in 2022, Coinhako on track to be profitable]( The Singapore-based crypto exchange was in the black in 2021, but it posted a roughly 70% year-on-year reduction in revenue in 2022. --------------------------------------------------------------- TRENDING NEWS [Indonesia demands Facebook, Instagram to remove online gambling content]( The country’s Ministry of Communication and Information sent a warning letter to Meta on October 2. [TikTok faces scrutiny in Malaysia over fake news]( Fahmi Fadzil, Malaysia’s minister of communication, said that TikTok’s efforts to comply with the country’s regulations are “unsatisfactory.” [Accel co-leads $8.7m round of Indian fixed-income platform]( Jiraaf has originated over US$276.5 million in investments for more than 125,000 users. [Australia-based Atlassian to acquire Loom for $975m]( The announcement of the acquisition coincides with news of a key appointment for Atlassian in India. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Indonesia’s top-funded tech companies in the last decade]( Which companies in the country are getting the lion’s share of investments? This automated tracker will help you stay up to date. --------------------------------------------------------------- CONVENE AND CONNECT Get a ticket to this exclusive gathering on November 16 to think outside the box A key element of successful businesses is the ability to continuously pave a path toward growth and profitability amid changing market trends. Though scaling typically happens behind the scenes, it's crucial for decision-makers to consider best practices and to get creative on how to improve and gain recognition for their work on this process. Keen to find out how it’s done? Get it straight from senior business leaders, talent managers, and founders at Brushstrokes to Success: Design a Solid Growth Plan for 2024, an exclusive gathering co-hosted by Tech in Asia and G-P at Bridge+ on November 16. 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 of quizzes, modern calligraphy, panel discussions, and more. Don’t miss this opportunity to revolutionize existing strategies and to elevate your decision-making abilities. [Get a ticket]( to this closed-door event now before they’re all snatched up! ---------------------------------------------------------------  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 Sometimes, it feels like speakers at conferences and events are just like superstars. With all the insights and anecdotes they offer, it can be easy to get a little starstruck. This year’s StartmeupHK Festival features a star-studded lineup of speakers. These include Ariel Shtarkman, managing partner and co-founder of Undivided Ventures; Yat Siu, co-founder and executive chairman of Animoca Brands; Henry Soediarko, director of Milltrust International Group; Christoph Meyer, general manager of Hong Kong, South China, and Macau for the Lufthansa Group; and Zhou Jingren, CTO of Alibaba Cloud. Excited to hear what they have to say? Get your tickets [here](.  - [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! ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [QA Lead]( at TLab Yogyakarta, Indonesia - [Young Professionals Fast Track]( at Deliveree Indonesia Jakarta, Indonesia - [Senior Unity Developer]( at Forest Technologies Jakarta, Indonesia - [Creative Strategist]( at Boleh Dicoba Digital Bandung, Java, Indonesia - [IT Business Analyst]( at Scout.inc Tangerang, Indonesia - [Production Support]( at Paramatech Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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