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A tale of 3 listed Indonesian tech companies

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techinasia.com

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newsletter@techinasia.com

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Thu, May 25, 2023 11:31 PM

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More: Amazon and Atome’s partnership and Circles’ joint venture in Abu Dhabi. Daily Newsle

More: Amazon and Atome’s partnership and Circles’ joint venture in Abu Dhabi. [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 look at: - [GoTo, Bukalapak, and Blibli’s Q1 results]( - eFishery’s entry into the unicorn club - Other newsy highlights such as Circles’ joint venture in Abu Dhabi and Amazon and Atome’s BNPL partnership --------------------------------------------------------------- Hello {NAME} Things in life tend to come in threes. Rock, paper, scissors. Chocolate, vanilla, strawberry. There are three witches in Macbeth and three bears in the story of Goldilocks. We use phrases like “third time’s the charm,” and trilogies are a pretty popular format for both books and movies. The triangle - which has three sides - is also known for being the strongest shape, and whenever I sneeze, I tend to sneeze three times in rapid succession. There’s certainly something about the number three, which is why in today’s premium story, we take a look at three listed Indonesian tech companies and how they fared in the first quarter of 2023. Amazing segue, eh? Thanks. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Why GoTo’s shares jumped following Q1 results, while Bukalapak and Blibli are flat]( Indonesia’s tech companies are inching closer to profitability, although investors still have them on a tight leash. --------------------------------------------------------------- TRENDING NEWS [Amazon taps Atome for deferred payments in SG]( This partnership adds to the list of over 15,000 merchants Atome currently works with. [SG’s Circles announces digital telco JV in Abu Dhabi]( John McEvoy has been named as CEO of the company’s venture with e& International. [Indonesian agritech firm eFishery hits unicorn status with $108m series D]( The latest round is led by 42xfund, with participation from existing investors Northstar Group and SoftBank Vision Fund II. [Lazada launches ChatGPT-powered chatbot]( The ecommerce major said LazzieChat can answer users’ shopping queries in a natural manner and suggest relevant products or topics. ---------------------------------------------------------------  LISTICLE OF THE DAY [Surviving the funding game: how timing can make or break your startup]( Industry realities, economic conditions, and market volatility can affect the time gap between funding rounds. ---------------------------------------------------------------  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 form](. Our team will get back to you by the next business day. - Zoom - [Explore the intersection of AI and human connection at Zoom’s Work Transformation Summit]( Join Zoom on May 25, and explore how AI affects the ways people collaborate and connect in the workspace. Register now! - ChargeSini - [ChargeSini Successfully Raises Over RM5 Million In Funds]( Local electric vehicle (EV) charging solutions start-up ChargeSini (ChargeHere EV Solution Sdn Bhd) is set to grow bigger in 2023. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Lead Product Manager (Jakmall.com)]( at Dealls Jakarta, Indonesia - [Senior SEO Consultant]( at Ematic Solutions Ho Chi Minh City, Vietnam - [Back End Developer]( at SIGMATECH Jakarta, Indonesia - [Information Security Officer]( at Gulf Test Tangerang, Indonesia - [E-Commerce Branding manager]( at PT Mitra Trading Indopasifik Tangerang, Indonesia - [Backend Engineer]( at PowerhouseAI 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 © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894

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