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--------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [Southeast Asian tech titansâ push for profit, but it may not be plain sailing](
- SEA's top investors in AI startups --------------------------------------------------------------- Hello {NAME} Like millions of people across Southeast Asia, I probably use Grab, Shopee, or a similar platform at least once a week. Iâm no shopping addict, nor am I incapable of making my own food or driving myself somewhere, but these services are just so convenient for life in a big city. Theyâre certainly a far cry from anything I could have imagined growing up in the middle of nowhere in Northern Ireland. My own use of these platforms has definitely led to a bit of confirmation bias, as I was surprised when I read in todayâs featured story that overall market penetration is still relatively low. As the article explores, Grab et al. still have room for steady growth, but boosting revenue may be tough. -- Peter
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THE BIG STORY [SEAâs tech titans face revenue ceiling despite steady growth](
The regionâs ecommerce and food delivery players are focusing on profitability, but lower consumer spending and stalled take rates could get in the way. ---------------------------------------------------------------
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VISUAL STORY OF THE DAY [Series SEA: Whoâs investing in the regionâs AI startups?](
We've compiled a list of investors that are pouring money into Southeast Asiaâs AI startups. --------------------------------------------------------------- SECURE YOUR CONFERENCE TICKETS TODAY Two days of inspiration, networking, and groundbreaking ideas Get ready to be inspired at the upcoming Tech in Asia Conference in Kuala Lumpur. We are bringing together the region's top minds for two days of in-depth discussions, groundbreaking ideas, and unparalleled networking opportunities. Hear from Nadini Joshi as she talks about the exciting possibilities of expanding beyond Asia, and gain valuable perspectives from Dave Ng on the current landscape and future potential of investing in Malaysia. Joel Neoh will share his experiences and insights on exiting the company he founded. Donât miss out on these stage sessions -Â [get your tickets today!]( ---------------------------------------------------------------
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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.
- GreenNode - [VNG GreenNode collaborates with NVIDIA to launch a large-scale AI Cloud infrastructure in Southeast Asia, offering a global AI Cloud platform](
GreenNode, a preferred NVIDIA Cloud Partner (NCP), has officially launched the first SEA's large-scale AI Data cluster in Bangkok, Thailand. ---------------------------------------------------------------
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EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asiaâs signature events [here](.
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[Tech in Asia Conference Kuala Lumpur 2024 : Malaysia on The Rise on 24 - 25 July](
Hear from Nadini Joshi as she talks about the exciting possibilities of expanding beyond Asia, and gain valuable perspectives from Dave Ng on the current landscape and future potential of investing in Malaysia. Joel Neoh will share his experiences and insights on exiting the company he founded. Final release tickets are now on sale. [Secure your tickets today.]( [Tech in Asiaâs Founders Meetup in Malaysia on July 25](
Don't miss this chance to connect with Southeast Asiaâs tech visionaries and turn your startup aspirations into a tangible reality. Join us outside the conference hall and work in a room buzzing with opportunities that could redefine your trajectory. [Get your ticket now!Â]( [KL Conference Exclusive: Networking Night on July 24](
Seize the opportunity to connect with the brightest minds and most influential players in Asia's tech ecosystem, all while enjoying panoramic city views and delicious treats. This exclusive event is only open to Tech in Asia Conference Kuala Lumpur Pro Pass holders. [Secure your spot on our guest list today!]( [KL Conference Exclusive: After Party on July 25](
After two days of high-impact learning, join us at the official closing party to unwind, socialize, and celebrate the thriving startup scene in Malaysia. Thereâs no better way to do so than by immersing yourself in its vibrant energy firsthand. This exclusive event is only open to Tech in Asia Conference Kuala Lumpur Pro Pass holders. [RSVP now to secure your spot!Â]( [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 60% discount while it lasts!]( ---------------------------------------------------------------
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WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Technical Writer Intern]( at MIFX Indonesia
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