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40 cents for coffee in Indonesia? Who’d say no to that?

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techinasia.com

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newsletter@techinasia.com

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Wed, Jun 26, 2024 11:31 PM

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[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: - [Indonesia’s cheap coffee boom]( - Big tech’s $70b spending spree in Southeast Asia --------------------------------------------------------------- Hello {NAME} As someone for whom caffeine has no effect, it can sometimes be surreal seeing how so many people are dependent on coffee to even function. It’s almost scary, honestly. Still, I guess if it’s such an important part of everyday life for what seems like 95% of the world’s population, it might as well be affordable. That’s what today’s premium article is about - coffee in Indonesia that goes for as cheap as US$0.43 a cup. Companies like Kopi Kenangan (through its affordable brand Satu Kenangan), Jago Coffee, and Sejuta Jiwa are all in the affordable brew game. (That’s so cheap even I might start drinking it.) -- Winston  ---------------------------------------------------------------  THE BIG STORY [Indonesia’s coffee boom enters new phase with affordable brews]( Kopi Kenangan's sister brand, Satu Kenangan, as well as Jago Coffee and Sejuta Jiwa, sell their caffeinated drinks for less than a dollar per cup. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Charting big tech’s $70b spending spree in Southeast Asia]( Tech majors like AWS and Nvidia have committed billions of dollars to the region in the last 18 months, but which sectors will benefit the most? --------------------------------------------------------------- SPEED DATING IS NOW INVESTOR HOUR Connecting founders directly with investors interested in their specific industry and stage of development Investor Hour, formerly known as Investor-Founder Speed Dating, is designed to facilitate impactful connections between investors and founders. This one-on-one networking experience offers a curated space for exploring investment opportunities, seeking guidance, and forging lasting partnerships. Founders can gain a crucial advantage by connecting with a targeted audience of investors. Getting a foot in the right door is often the biggest challenge - Investor Hour takes the stress and guesswork out of the process. With immediate feedback and access to valuable insights, you can present your innovative ideas and build meaningful connections that lead to investment opportunities. [Apply today]( ---------------------------------------------------------------  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. - Carbonwize - [Carbonwize and Thailand’s Stock Exchange Partner to Transform Emissions Reporting]( A new strategic partnership aims to enhance carbon management and reporting for over 840 publicly listed companies.  - Volopay - [Volopay has a new expense management dashboard, AI-powered tools, & a fresh user interface]( Volopay launches a new expense management suite: corporate cards, accounts payable automation, and accounting integrations across the APAC.  - Arches - [Arches Raises $3 Million to Democratize Expertise on Asia’s Markets & Beyond]( Arches raised $3M to empower MBB, Big4, & large-cap PE in Asia.  - Viva Money - [Viva Money All Set to Be Launched In Maharashtra, After Gujarat and Karnataka]( The pioneering online lending platform Viva Money has significantly expanded its operations to a third state in India, Maharashtra. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asia’s signature events [here](.  [Tech in Asia Conference Kuala Lumpur 2024 : Malaysia on The Rise on 24 - 25 July]( We are pumped up for the stage sessions happening at the conference. Hear from visionary leaders shaping the tech landscape, including: - Venon Tian, the mastermind behind Zus Coffee's innovative coffee empire - Carmen Yuen, a venture capitalist at Vertex Ventures who will share about what it takes to be a soonicorn - Eric Cheng, co-founder of Malaysia’s unicorn, Carsome, will share key lessons from building the company ... and many more! Limited Fourth Release tickets are available and prices increase on July 1. [Secure your tickets today. Â]( [Tech in Asia’s Founders Meetup in Malaysia on July 25]( Double the excitement awaits as Founders Meetup returns to Malaysia, this time in conjunction with the closing party of TIA Conference KL! It's the perfect opportunity to unwind, network, and connect with fellow founders, startup leaders, and investors. Hurry, [get your early bird ticket]( before the promo ends on June 28! [Tech in Asia Conference Jakarta on Oct 23-24]( Where is the next Silicon Valley? It might just be Jakarta! Indonesia's young tech talent is booming, and Tech in Asia Conference Jakarta puts you right in the center of the action. Join us at #TIAConferenceJKT to connect with 4000+ region's brightest minds, 150+ hottest startups, and hear straight from 80+ experts. Early-bird tickets are now available! [Snatch the 75% discount while it lasts!]( ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Hub Associate Jakarta]( at GoWork Jakarta, Indonesia - [Account Executvie]( at PT Target Sukses Sinergi Jakarta, Indonesia - [Data Analyst (Banking)]( at Staffinc (Sampingan) Jakarta, Indonesia - [Business Intelligence Manager]( at YOUVIT Jakarta, Indonesia - [Social Media Officer - Internship]( at Scout.inc Tangerang, Indonesia - [Operations Staff for International]( at Purwadhika Digital Technology School Tangerang, 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. 13A Neil Rd, Singapore 088810 A member of The Business Times.

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