Shopee in the spotlight

More: Xendit’s expansion into Indonesia. [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 Shopee’s in the spotlight]( after Sea’s 2023 results - Singapore-based AI startup Sqreem’s acquisition of an Australian advertising firm - Other newsy highlights such as Xendit’s expansion into Indonesia --------------------------------------------------------------- Hello {NAME} Confession: I buy a lot of stuff on Shopee. The ecommerce app is my first port of call whenever I need to purchase something. Drawer organizers, sewing shears, sleeping shorts, retinol eye cream, a new phone - you name it, I probably got it on Shopee, unless I needed it urgently and couldn’t wait for delivery or it was cheaper on another platform like Shein. And I know I’m not alone in this. Lots of people turn to Shopee when they need to buy something, all across Southeast Asia (and some parts of Latin America, too). So it’s no surprise that it's gotten a lot of attention at parent firm Sea Group’s latest earnings call. Indeed, Sea is pretty upbeat on its outlook for the ecommerce firm- my colleague Simon goes deeper in today’s premium story. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Sea’s upbeat outlook on Shopee drives enthusiasm, but can it deliver?]( Sea ended the year with over US$8 billion in cash, short-term investments, and other liquid securities. --------------------------------------------------------------- TRENDING NEWS [SG-based Sqreem acquires Australian marketing firm to boost AI-backed offering]( Sqreem aims to improve its capabilities in marketing campaigns, digital consumer engagement, and ad spending transparency. [Xendit expands to Thailand, names co-founder as country CEO]( This marks the Indonesian fintech firm’s third country expansion. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Weekly funding: China’s mega deals shine]( 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. - KMS Solutions - [KMS Solutions Secures Katalon’s Esteemed Award: Leading the Charge in Quality Management]( KMS honored as Top Regional Partner 2023 - Asia Pacific by Katalon in providing testing services to enhace product quality for BFSI businesses. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Saigon Summit 2024: Charting Vietnam’s Tech Future on May 30]( By popular demand, we’re bringing our signature trade show, Startup Showcase, to Saigon Summit on May 30! Startup founders, it’s your chance to put your name on the map and get the eyeballs of hundreds of tech professionals. Your next investor or business partner could be in the mix! Check out the perks you’ll receive when you sign up for Startup Showcase: * Your own space to showcase your product * Two tickets to Saigon Summit * Exclusive promo code for more tickets * Your logo spotlighted on our event website * .. and a lot more! Limited slots available - [apply to exhibit now]( - [Tech in Asia’s Founders Meetup in Singapore on April 24]( Discover what awaits at Founders Meetup 2.0 in Singapore! Join us at Hopscotch to glean insights and insider tips from distinguished VCs on navigating the tech winter. You could even secure exclusive face time with them to gain clarity on your funding struggles and prospects. Don’t miss out - [grab your ticket]( and be part of the experience! P.S. We’re just getting started. We’re hosting many other Founders Meetups this year, so [stay tuned]( - [Tech in Asia Conference Kuala Lumpur: Malaysia on the Rise]( The Tech in Asia Conference is back! This year, we’re thrilled to be hosting our flagship event not just in Jakarta but also at a new stop: Kuala Lumpur. TIA Conference KL aims to provide a platform for founders, leaders, and innovators from Southeast Asia to come together, foster connections, and exchange insights on Malaysia's untapped potential. Through thought-provoking panels, curated networking sessions, and dedicated exhibition opportunities, attendees will gain fresh perspectives on what’s next for the country’s tech ecosystem. Tickets to this event are available now. Catch our early bird special, with prices starting from just US$40 (US$80 unit price) for a General Pass. [Grab yours while the offer lasts]( ---------------------------------------------------------------  CONFERENCE LINEUP Check out Tech in Asia’s other signature events lineup for 2024 [here](. - [Product Development Conference (June 2024)]( Presale is now open! 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