Startup Snapshot

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On this episode of Startup Snapshot, Tech in Asia CEO Willis Wee shares the highest and lowest moments of his entrepreneurial journey, recalling how he built the startup as well as the mistakes that led to the 2018 layoffs, and how the 10-year rollercoaster journey shaped him as the company's founder. Maria Li also chimes in to share her observations on Tech in Asia's growth after having served as its chief operating officer for the past year.
Tucked away between Myanmar and Nepal, and lying along the eastern border of India, is the little-known country of Bangladesh. Due to an unfortunate string of natural disasters, acts of extremism, and negative press coverage some 30 to 40 years ago, most people might think that the country is a place with widespread poverty and poor infrastructure. In reality, Bangladesh has the makings of a startup haven. But despite its strong economic fundamentals, the country seems to have been snubbed by regional investors who only have eyes for India and Southeast Asia. On this episode of Deep Dive, Tech in Asia journalist Melissa Goh discusses why Bangladesh has been left out of Asia's growth story and how the country might be able to catch up with the rest of the region. More information on today’s episode here: https://www.techinasia.com/deep-dive-bangladesh-left-asias-growth-story Featured reporter: Melissa Goh, a Tech in Asia journalist based in Singapore Essential reading: Could Bangladesh be the next Indonesia? Episode Sponsor: This year, the Tech in Asia Conference will explore the tech opportunities presented by Southeast Asia’s new golden age. To adjust to our new reality, we’re going virtual as we aim to bring you the most relevant insights into four areas: What are the emerging opportunities in the region’s golden age Which verticals, companies, and business models are driving innovation in Asia’s tech scene How the startup world will change in 2021 and beyond How to accelerate your business toward recovery Sign up now at https://techin.asia/conference20 to get 55% off your ticket purchase.
According to analysts, the cannabis industry in Asia alone could be worth US$12.5 billion in 2024.  While this estimate has spawned a number of startups hungry for a share of the potential pie, does it mean the region is in for a “green gold rush”? That depends on several factors, including whether a lot more countries will follow Thailand’s lead in legalizing cannabis, even if just for medical use. On this month’s Deep Dive, Tech in Asia’s Joseph Gan discusses the Asian cannabis tech industry’s latent potential and whether it’s worth betting on. More information on today's episode here: https://www.techinasia.com/deep-dive-high-hopes-cannabis-tech-industry Featured reporter: Joseph Gan, a Tech in Asia reporter based in Singapore Essential reading: Tackling a taboo: Cannabis tech on the rise in Asia Episode Sponsor: This year, the Tech in Asia Conference will explore the tech opportunities presented by the new Golden Age. To adjust to our new reality, we will also be going virtual as we aim to bring you the most relevant insights into four areas: What are the emerging opportunities in the region's golden age Which verticals, companies, and business models are driving new innovation in Asia’s tech scene How the startup world will change in 2021 and beyond How to accelerate your business toward recovery Sign up now at techin.asia/conference20 to get 40% off your ticket purchase.
YouTube in Indonesia now offers GoPay as a payment option, Sequoia India appointed ex-Gojek tech chief Ajey Gore as an operating partner, and Trump banned dealings with the parent companies of TikTok and WeChat. You can hear the details on all this news and more on this week’s episode of The Weekly Snapshot. More information on today's episode here: https://www.techinasia.com/weekly-snapshot-news-gojek-sequoia-india-tiktok Episode Sponsor: This year, the Tech in Asia Conference will explore the tech opportunities presented by the new Golden Age. To adjust to our new reality, we will also be going virtual as we aim to bring you the most relevant insights into four areas: What are the emerging opportunities in the region's golden age Which verticals, companies, and business models are driving new innovation in Asia’s tech scene How the startup world will change in 2021 and beyond How to accelerate your business toward recovery Sign up now at techin.asia/conference20 for 40% off your ticket purchase.
CTrip is reportedly planning to delist from Nasdaq, Uber’s Asia-Pacific operations are staying headquartered in Singapore while it works things out with Hong Kong, and Oyo founder Ritesh Agarwal has set up a new venture capital firm. You can hear the details on all this news and more on this week’s episode of The Weekly Snapshot. More information on today’s episode here: https://www.techinasia.com/weekly-snapshot-news-ctrip-uber-oyos-ritesh-agarwal Episode Sponsor: Starting to Know - Business is a podcast by Ishu Singh that’s all about exploring the unexplored depths of the business world. If you want to learn about marketing, branding, growth, and more, whether you have just begun your entrepreneurship journey or are running a scaling company, subscribe to Starting to Know - Business wherever you get your podcasts.
Gojek appointed a new group chief technology officer, Indonesian fashion ecommerce startup Sorabel is set to close down after the Covid-19 pandemic wiped out its cash, and Ant Group has started the process of doing a concurrent IPO on the Shanghai Stock Exchange’s Star Market and the Stock Exchange of Hong Kong. Hear the details on all these stories and more on this week’s episode of The Weekly Snapshot. More information on today's episode here: https://www.techinasia.com/weekly-snapshot-news-gojek-sorabel-ant-group Episode Sponsor: The Cereal Entrepreneur is a podcast by Startup Magazine. Its last series focuses on startups that have shifted their business strategies to support others amid theCovid-19 crisis. It features companies that do 3D printing for hospitals, create networks for small businesses, and more. Subscribe to The Cereal Entrepreneur wherever you listen to podcasts or visit startupsmagazine.co.uk to learn more.
Jio Platforms is in the news again, bagging investments from Qualcomm and Google, Wavemaker Partners closes its third Southeast Asia fund at US$111 million, and SoftBank’s share prices are on the rise. Hear the details on all these stories and more on this week’s episode of The Weekly Snapshot. More information on today's episode here: https://www.techinasia.com/weekly-snapshot-news-google-softbank-wavemaker
ByteDance’s short-video app TikTok hogged the headlines last week with its plan to exit Hong Kong. According to the company, it’s also considering changing TikTok’s corporate structure due to increased scrutiny from India and the US over security concerns. In other news, Sequoia Capital India announced two new funds worth a total of US$13.5 billion, logistics services provider GoGoVan has rebranded to GoGoX, and Korean ecommerce major Coupang is buying the software behind Singtel’s Hooq. Hear the details on all these stories and more on this week’s episode of The Weekly Snapshot. More information on today's episode here: https://www.techinasia.com/weekly-snapshot-news-tiktok-sequoia-gogovan Episode Sponsor: To better navigate the challenges of humanizing a brand and its customer engagement, Jean Thomas, chief marketing officer at Pomelo Fashion, and Kenneth Soo, Asia-Pacific team lead for customer success at Braze, will share tips and tricks that businesses can use to interact with their customers in a sensitive and efficient manner. Register for our virtual event at https://techin.asia/tiaevent and learn the best ways to retain users, keep messaging personal, and do good in troubled times.
Luckin Coffee confirmed US$300 million in fabricated revenue, Vietnamese startup Leflair’s CEO was summoned by the Ho Chi Minh City police department, and Pinduoduo and Grab saw some movement in their leadership teams. Hear the details on all these stories and more on this week’s episode of The Weekly Snapshot. Episode Sponsor: To better navigate the challenges of humanizing a brand and its customer engagement, Jean Thomas, chief marketing officer at Pomelo Fashion, and Kenneth Soo, Asia-Pacific team lead for customer success at Braze, will share tips and tricks that businesses can use to interact with their customers in a sensitive and efficient manner. Register for our virtual event at https://techin.asia/tiaevent and learn the best ways to retain users, keep messaging personal, and do good in troubled times.
At the end of 2019, Meituan-Dianping recorded close to US$400 million in net profits, with more than half of the company’s revenue coming from food delivery. Seeing as the online food delivery industry is notoriously a loss-making business, this came as quite a surprise. How did Meituan-Dianping succeed, when other players like US counterparts Uber and GrubHub are still struggling? Can other online food delivery players replicate its success? Tech in Asia reporter Putra Muskita answers these questions and more on this month’s Deep Dive. More information on this episode here: https://www.techinasia.com/deep-dive-online-food-delivery-industrys-problem-profitability Episode Sponsor: To better navigate the challenges of humanizing a brand and its customer engagement, Jean Thomas, chief marketing officer at Pomelo Fashion, and Kenneth Soo, Asia-Pacific team lead for customer success at Braze, will share tips and tricks that businesses can use to interact with their customers in a sensitive and efficient manner. Register for our virtual event at https://techin.asia/tiaevent and learn the best ways to retain users, keep messaging personal, and do good in troubled times.
There’s been a lot of movement in the startup scene. Bukalapak co-founder and president director Fajrin Rasyid has left his role to join local telecommunications firm Telkom Indonesia as its digital director. Lazada Indonesia CEO Chun Li is poised to take over as group chief executive at the ecommerce firm after Pierre Poignant stepped down just a year and seven months after taking on the job. Meanwhile, SoftBank’s Masayoshi Son exited Alibaba Group’s board of directors after a stint of almost 15 years. Hear the details on all these stories and more on this week’s episode of The Weekly Snapshot. More information on this episode here: https://www.techinasia.com/weekly-snapshot-news-gojek-bukalapak-lazada Episode Sponsor: TIA Product Development Conference is a four-day virtual summit over two geographic series on how to build, scale, and pivot your product amidst the Covid-19 pandemic. It will feature product leaders from Southeast Asia, China, and Silicon Valley who will share tips, lessons, and guidance on how to manage a tech product in these challenging times. Register at https://pdc.techinasia.com and use the code “special4flash” before June 30, 2020 to get 40% off your purchase.
Last week can be described as a rollercoaster ride, as Asia’s tech community went through several ups and downs. Grab and One Championship announced layoffs early in the week, with affected personnel numbering in the hundreds. On the flip side, Disney+ posted a bunch of job openings in Singapore and Indonesia, while Jio Platforms made headlines with news that it bagged over US$15 billion of funding in just two months. Hear the details on all these stories and more on this inaugural episode of The Weekly Snapshot. More information on this episode here: https://www.techinasia.com/weekly-snapshot-news-grab-championship-jio-platforms Episode Sponsor: Podmetrics is a podcast analytics platform that enables podcasters to see all the data they need to know about their audience. It aggregates data from Anchor, Spotify, Chartable, Facebook Live, and YouTube in order to show a holistic view of a podcast's clout. Sign up for free at https://podmetrics.co/.
Cloud kitchens have become increasingly prominent in the past couple of years, with players like Grab, Foodpanda, and Deliveroo setting up their own operations. The vertical is a gamechanger for the food ecosystem, with food delivery platforms emerging as the big winners because they  stand to see their order numbers grow. But it’s a different story for restaurants despite the perks that they can get by signing up with cloud kitchens. Tech in Asia journalist Melissa Goh explains how cloud kitchens work and why they might not be the best fit for every restaurant. More information on this week's episode here: https://www.techinasia.com/deep-dive-cloud-kitchen-phenomenon Episode Sponsor: DigitalOcean is on a mission to simplify cloud computing so developers and their teams can spend more time building software that changes the world. Get started with cloud hosting for free with DigitalOcean at https://do.co/deepdive.
Chinese mobile payment app Alipay recently incorporated the features of several apps from Alibaba’s ecosystem to expand its lifestyle service offerings. This move was prompted by the escalating competition with fellow super apps WeChat and Meituan-Dianping, whose recent forays into fintech signal that they also want a share of China’s payments pie. What led to the heightened tension among these players and how will it all play out? Tech in Asia journalist Nicole Jao breaks down the who’s who of China’s super-app race and discusses its impact on the tech ecosystem. More information on this week's episode here: https://www.techinasia.com/deep-dive-race-chinas-top-super-app Episode Sponsor: DigitalOcean is on a mission to simplify cloud computing so developers and their teams can spend more time building software that changes the world. Get started with cloud hosting for free with DigitalOcean at https://do.co/deepdive.
When Malaysia, one of Singapore’s top sources for food products, announced a nationwide lockdown in early March, Singaporeans went on panic-buying sprees, cleaning out grocery store shelves because they feared the country’s supplies would soon run out. In response to the situation, players in the agritech scene have ramped up production to make Singapore less import-reliant and more self-sufficient. Tech in Asia’s Joseph Gan looks into the recent activities of some agritech startups and discusses how much of an impact they’ve had on the city-state’s food supply chain. More information on this week's episode here: https://www.techinasia.com/deep-dive-industry-working-ensure-singapore-doesnt-hungry Episode Sponsor: DigitalOcean is on a mission to simplify cloud computing so developers and their teams can spend more time building software that changes the world. Get started with cloud hosting for free with DigitalOcean at https://do.co/deepdive.
Online lending is a lucrative business in Indonesia, where a large portion of the population is still unbanked and has little access to credit. But in its early days, various bad actors emerged, taking advantage of consumers with predatory practices. Though regulators eventually stepped in to police the industry, a lack of transparency in the licensing process recently led to allegations of profiteering and conflicts of interest. And as Covid-19 causes the economy to plunge and sends workers into unemployment, online lenders are encountering a surge of borrowers who are likely to default on their loans. Tech in Asia correspondent Putra Muskita digs into the issue of regulations, while Aditya Hadi Pratama and Melissa Goh report on how the industry is faring amid the pandemic. Episode Sponsor: DigitalOcean is on a mission to simplify cloud computing so developers and their teams can spend more time building software that changes the world. Get started with cloud hosting for free with DigitalOcean at https://do.co/deepdive.
Indonesian education tech startup Zenius recently announced that it would be providing free lessons on Gojek’s app, since schools have been suspended and students have to learn from home because of the Covid-19 pandemic. Interestingly, Zenius CEO Rohan Monga used to be Gojek’s chief operating officer and head of international expansions. And he’s just one of many former employees at Gojek who have since left the ride-hailing unicorn to take up leadership positions in other companies. How will this growing Gojek mafia affect Indonesia’s startup ecosystem? Tech in Asia’s Aditya Hadi Pratama shares Zenius’ story to find out. More information on this week's episode here: https://www.techinasia.com/deep-dive-growing-influence-gojek-mafia Episode Sponsor: DigitalOcean is on a mission to simplify cloud computing so developers and their teams can spend more time building software that changes the world. Get started with cloud hosting for free with DigitalOcean at https://do.co/deepdive.
News of layoffs at various startups and large corporations as well as small and medium-sized enterprises have been making headlines all over the world, especially as the global economy reaches critical levels due to the Covid-19 pandemic. To shed some light on the factors driving retrenchments, Tech in Asia journalists Kenan Machado, Terence Lee, and Melissa Goh discuss how the recent job cuts at Oyo, Paktor, and CXA Group unfolded. More information on this week's episode here: https://www.techinasia.com/deep-dive-delving-layoffs-asian-startups Episode sponsor: HReasily’s easy-to-use platform enables companies to improve productivity by streamlining work processes such as payroll processing, leave management, and claims applications. Visit https://www.hreasily.com/ to learn more.
Singapore-based grocery delivery startup Honestbee was a well-loved brand. Its brick-and-mortar grocery store, Habitat, was touted to have the world’s first checkout system that required minimal intervention from shoppers, as well as the first grocery collection system that was entirely reliant on robots. But news of Honestbee suspending operations in a number of its key markets uncovered a series of questionable corporate governance practices and a bad leadership culture. What went wrong? Tech in Asia’s chief correspondent, Terence Lee, shares the story behind the company’s troubles. More information on this week's episode here: https://www.techinasia.com/deep-dive-honestbee-story Episode sponsor: HReasily’s easy-to-use platform enables companies to improve productivity by streamlining work processes such as payroll processing, leave management, and claims applications. Visit https://www.hreasily.com/ to learn more.
Arrive, an investment fund linked to American hip hop mogul Jay-Z through his entertainment label Roc Nation, has been making moves in Southeast Asia. Since 2017, Arrive has invested in five startups in Singapore and Indonesia, and aims to double its portfolio of Southeast Asian companies by the end of 2020, with plans to enter the Philippines and Vietnam. What does this mean for Southeast Asia’s investment landscape? And what does Arrive have to offer startups that other investors don’t? Tech in Asia reporter Jack Ellis answers these questions and more. Become a Tech in Asia subscriber at http://techin.asia/sub and gain access to the latest in-depth news on the tech and startup ecosystem. More information on this week's episode here: https://www.techinasia.com/deep-dive-jayzs-investment-fund-southeast-asia
Recently labelled by the World Health Organization as 2019-nCoV, the novel coronavirus has spread rapidly across China and the world. More people have contracted Covid-19 - the disease caused by this microbe - in a much shorter time than SARS, which became a global epidemic in 2003. But what is the outbreak’s impact on the startup scene? Tech in Asia reporter Putra Muskita dishes the details. Become a Tech in Asia subscriber at http://techin.asia/sub and gain access to the latest in-depth news on the tech and startup ecosystem. More information on this week's episode here: https://www.techinasia.com/deep-dive-startups-coronavirus-epidemic
This episode on Startup Snapshot, Caecilia Chu, co-founder and CEO of travel wallet app YouTrip, looks back on the "painful failure" of her first entrepreneurial venture and shares what she learned when the incident sent her soul-searching abroad.
M17 Entertainment CEO Joseph Phua walks us through the trials and tribulations his startup faced when it became the first company in the entire history of the New York Stock Exchange to cancel its listing on the day it was supposed to begin trading and how the firm bounced back to become profitable on this episode of Startup Snapshot.
This episode on Startup Snapshot, theAsianparent founder and group CEO Roshni Mahtani shares what she learned from a failed market expansion and how those lessons impact how the business operates today, as well as what her journey as a founder has taught her about working with and hiring the right talent.
In an exclusive interview with Startup Snapshot, Jonathan Low talks about his stint at Honestbee for the first time since leaving his post as co-founder, discussing the management missteps that led to bad leadership culture and how it played a role in the company’s recent troubles.
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Podcast Details

Created by
Tech in Asia
Podcast Status
Active
Started
Jun 21st, 2019
Latest Episode
Sep 1st, 2020
Release Period
Weekly
Episodes
33
Avg. Episode Length
25 minutes
Explicit
No
Order
Episodic

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