Beauty, on the double

More: Grab invests an extra US$109 million in GXS Bank. [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: - [Why India’s quick commerce players have beauty on the brain]( - VinFast gets approval to launch its US$1.2 billion Indonesia expansion - Other newsy highlights such as Grab investing more in its digital bank --------------------------------------------------------------- Hello {NAME} As someone who grew up in the Irish countryside, the speed life moves in some of Asia’s biggest cities was overwhelming at first. Stepping into the streets of Bangkok as a 22-year-old was like nothing I had ever experienced before. The sheer number of people who always seemed to be going somewhere at all times of day and night was dizzying - a far cry from County Armagh, where I probably saw more cows than people on my way to school Luckily I’m more used to big-city life these days, but things can still surprise me. Learning that people want beauty products delivered to their doors a mere 15 minutes after ordering them is one such thing that left my jaw on the floor. As my colleague Samreen lays out in her article though, perhaps I shouldn’t be so surprised, as moving into the beauty segment makes a lot of sense for India’s quick commerce firms. -- Peter  ---------------------------------------------------------------  THE BIG STORY [Beauty ecommerce in India gets speedy makeover via quick commerce]( While 15-minute deliveries of beauty items are taking off in India, the same can’t be said for Indonesia. --------------------------------------------------------------- TRENDING NEWS [VinFast gets greenlight from Indonesia’s Jokowi for expansion]( VinFast and ride-hailing firm Green and Smart Mobility are partnering with GoTo Group to promote the use of EVs among Gojek drivers. [Grab injects additional $109m into subsidiary GXS Bank]( This payout adds to the capital commitment made by Grab, which injected US$101 million into the digibank in July 2023. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Weekly funding: Singapore’s Wevolve secures $261m]( Keep track of all the startup investment activities in Asia through our weekly funding list. ---------------------------------------------------------------  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. - IDG Blockchain - [Web3 and Blockchain Venture Capital Fund Secures $21 Million, Invests $7 Million in Global Startups]( IDG Blockchain secures $21M, invests in 14 global startups, pioneering Web3 and Blockchain growth. - Native Teams - [Native Teams Providing Solutions to Help Businesses Hire in The Philippines]( Native Teams is an all-in-one platform offering payment and EOR solutions for businesses that aspire to expand globally, including in the Philippines. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Lead Illustrator]( at ForgeFun Jakarta, Indonesia - [Senior Fullstack Developer]( at Andal Software Jakarta, Indonesia - [Senior Product Manager - Lending Products]( at KoinWorks Jakarta, Indonesia - [Graphic Designer Intern]( at Hangry Jakarta, Indonesia - [Finance & Administration Staff]( at Scout.inc Jakarta, Indonesia - [Office Assistant / Cleaning Service]( at Jubelio 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 © 2024 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894